2 NiSO4 + 6 NaOH + CaOCl2 + H2O → 2 Na[Ni(OH)4] + 2 Na2SO4 + CaCl2
This is a complexation reaction: Na[Ni(OH)4] is the formed complex.
This is an oxidation-reduction (redox) reaction:
2 Cl0 + 2 e- → 2 Cl-I (reduction)
2 NiII - 2 e- → 2 NiIII (oxidation)
CaOCl2 is an oxidizing agent, NiSO4 is a reducing agent.