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DAILY PREDICTION

MCX Tips for – November 07, 2017

Gold (29344): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29370 levels. Traders can initiate short positions on every rise until Gold closes above 29370 levels.

Silver (39895):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39916  levels.

Crude (3691): 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 above 3582 levels.

Natural Gas (202.00): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 192.20 levels.

Copper (450.95): 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 451.95.

Zinc (210.75): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 214.45 levels.

Lead (162.00): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 158.60 levels.

Nickel (837.10):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 805.40 levels.

Aluminium (139.65):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 138.05 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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