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DAILY PREDICTION

MCX Tips for – Thursday, April 13, 2017

Gold (29229): Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28967 levels. Traders can initiate long positions on every dip until Gold Future closes below 28967 levels.

Silver (42202):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 41714 levels.

Crude (3444): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3400 levels.

Natural Gas (206.70): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every positive rally until NG Future closes above 211.15 levels.

Copper (363.75): Copper is trading into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes above 374.85.

Zinc (168.10): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc is trading below 170.90 levels.

Lead (145.45): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead is trading below 148.10 levels.

Nickel (628.40):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 648.70 levels.

Aluminium (122.35):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 124.90 levels.

PS: MCX Predictions are for swing traders or Positions traders and not for intraday traders. Intraday traders should trade with proper stoplosses or Join EquityPandit’s MCX Services for good profits.

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