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DAILY PREDICTION

MCX Tips for – November 20, 2017

Gold (29690): Gold is trading into positive zone and traders can hold long positions until Gold closes below 29409 levels. Traders can initiate long positions on every dip until Gold closes below 29409 levels.

Silver (40013):  Silver has entered into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39371  levels.

Crude (3667): 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 below 3679 levels.

Natural Gas (203.00): 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 206.55 levels.

Copper (440.00): 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 444.80.

Zinc (208.75): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 210.40  levels.

Lead (158.75): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 160.65 levels.

Nickel (751.20):  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 773.30 levels.

Aluminium (136.25):  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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