We take advantage of a long (with a total exposure time of 120 ks) X-ray observation of the unique Galactic microquasar SS 433, carried out with the XMM-Newton space observatory, to search for a fluorescent line of neutral (or weakly ionized) nickel at the energy 7.5 keV. We consider two models of the formation of fluorescent lines in the spectrum of SS 433: 1) due to reflection of hard X-ray radiation from a putative central source on the optically thick walls of the accretion disk funnel; and 2) due to scattering of the radiation coming from the hottest parts of the jets in the optically thin wind of the system. It is shown, that for these cases, the photon flux of Ni I K$_{alpha}$ fluorescent line is expected to be 0.45 of the flux of Fe I K$_{alpha}$ fluorescent line at 6.4 keV, for the relative nickel overabundance $Z_{Ni}/Z = 10$, as observed in the jets of SS 433. For the continuum model without the absorption edge of neutral iron, we set a 90 per cent upper limit on the flux of the narrow Ni I K$_{alpha}$ line at the level of $0.9 times 10^{-5}$ ph s$^{-1}$ cm$^{-2}$. For the continuum model with the absorption edge, the corresponding upper limit is $2.5 times 10^{-5}$ ph s$^{-1}$ cm$^{-2}$. At the same time, for the Fe I K$_{alpha}$ line, we measure the flux of $9.9_{8.4}^{11.2} times 10^{-5}$ ph s$^{-1}$ cm$^{-2}$. Taken at the face value, the results imply that the relative overabundance of nickel in the wind of the accretion disc should be at least 1.5 times less than the corresponding excess of nickel observed in the jets of SS 433.