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DAILY PREDICTION

MCX Tips for – September 12, 2017

Gold (29933): Gold has entered into negative zone and traders can hold short positions until Gold closes above 30353 levels. Traders can initiate short positions on every rise until Gold closes above 30353 levels.

Silver (41164):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 41035  levels.

Crude (3073): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3122 levels.

Natural Gas (189.10): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 192.50 levels.

Copper (435.15): 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 441.45.

Zinc (197.30): 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 201.30 levels.

Lead (144.50): 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 147.50 levels.

Nickel (753.30):  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 767.60 levels.

Aluminium (134.50):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 135.55 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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