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DAILY PREDICTION

MCX Tips for – November 10, 2017

Gold (29661): Gold is trading into positive zone and traders can hold long positions until Gold closes below 29359 levels. Traders can initiate long positions on every dip until Gold closes below 29359 levels.

Silver (39641):  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 (3738): 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 3656 levels.

Natural Gas (209.00): 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 201.70 levels.

Copper (444.45): 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 448.80.

Zinc (209.70): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 212.00 levels.

Lead (164.20): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 160.50 levels.

Nickel (799.20):  Nickel has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 831.20 levels.

Aluminium (135.95):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 138.20 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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