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DAILY PREDICTION

MCX Tips for – December 07, 2017

Gold (28967): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29183 levels. Traders can initiate short positions on every rise until Gold closes above 29183 levels.

Silver (37444):  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 (3637): 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 3745 levels.

Natural Gas (188.80): 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 197.90 levels.

Copper (426.50): 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 436.00.

Zinc (199.85): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 205.55  levels.

Lead (162.55): 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 (699.00):  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 720.75 levels.

Aluminium (130.20):  Aluminium has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 133.00 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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