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DAILY PREDICTION

MCX Tips for – October 25, 2017

Gold (29541): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29658 levels. Traders can initiate short positions on every rise until Gold closes above 29658 levels.

Silver (39722):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40117  levels.

Crude (3431): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future is trading above 3336 levels.

Natural Gas (194.50): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future is trading above 189.25 levels.

Copper (461.05): Copper has entered into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it is trading  above 454.90.

Zinc (210.95): Zinc has entered into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 204.40 levels.

Lead (160.95): 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 164.60 levels.

Nickel (781.40):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future is trading above 759.65 levels.

Aluminium (140.25):  Aluminium has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium is trading above 137.30 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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