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DAILY PREDICTION

MCX Tips for – Friday, May 26, 2017

Gold (28661): Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28597 levels. Traders can initiate long positions on every dip until Gold Future closes below 28544 levels.

Silver (39802):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39348  levels.

Crude (3178): Crude has entered into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3353 levels.

Natural Gas (205.40): NG Future has entered into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 212.70 levels.

Copper (371.70): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes below 366.35.

Zinc (169.55): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 167.75 levels.

Lead (134.25): 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 136.20 levels.

Nickel (582.00):  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 598.60 levels.

Aluminium (126.30):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 124.70 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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