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DAILY PREDICTION

MCX Tips for – December 06, 2017

Gold (29110): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29278 levels. Traders can initiate short positions on every rise until Gold closes above 29278 levels.

Silver (37666):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 38115  levels.

Crude (3724): 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 above 3780 levels.

Natural Gas (187.60): 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 198.90 levels.

Copper (423.70): Copper has entered into negative zone. Traders can hold Copper Future short positions or can initiate fresh short at every rise until it closes  above 441.70.

Zinc (201.20): Zinc has entered into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 207.70  levels.

Lead (160.95): 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 (702.60):  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 737.55 levels.

Aluminium (132.00):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 131.10 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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