Striking workers at Vale's Voisey's Bay nickel mine in eastern Canada will not resume bargaining with the company unless Vale also agrees to sit down with striking workers at its Sudbury, Ontario nickel operations, the union said.

Nickel has touched a low of Rs 758.2 a kg after opening at Rs. 758.7, and last traded at Rs 762.5. For today market is looking for the support at 754.80, a break below could see a test of 747.10 and where as resistance is now likely to be seen at 773.50, a move above could see prices testing 784.50.

Trading Ideas:

NICKEL TRADING RANGE IS 740-785.

VALE VOISEY'S TALKS HINGE ON SUDBURY, UNION SAYS

BUY NICKEL DEC ABV 764 SL 758 TGT 768-771.20-775-779.20. MCX

SPREAD BETWEEN NICKEL DEC & JAN CONTRACTS YESTERDAY ENDED AT 4.70.

RESISTANCE FOR NICKEL IS AT 764.30 AND SUPPORT IS AT 756.20.