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DAILY PREDICTION

MCX Tips for – January 11, 2018

Gold (29324): Gold is trading into positive zone and traders can hold long positions until Gold closes below 29119 levels. Traders can initiate long positions on every dip until Gold closes below 29119 levels.

Silver (38992):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 38800  levels.

Crude (4036): 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 below 3974 levels.

Natural Gas (185.40): 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 187.75 levels.

Copper (457.10): 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 460.45.

Zinc (214.65): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 212.75  levels.

Lead (163.00): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 161.00 levels.

Nickel (819.00):  Nickel has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 801.40 levels.

Aluminium (138.90):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 139.90 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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