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DAILY PREDICTION

MCX Tips for – July 13, 2017

Gold (27851): Gold Future is trading into negative zone and traders can hold short positions until Gold Future closes above 27937 levels. Traders can initiate short positions on every rise until Gold Future closes above 27937 levels.

Silver (36968):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 36216  levels.

Crude (2949): Crude has entered into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 2870 levels.

Natural Gas (192.50): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 187.90 levels.

Copper (383.25): Copper has entered into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 379.90.

Zinc (181.65): 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 179.95 levels.

Lead (148.75): 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 149.90 levels.

Nickel (592.40):  Nickel is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 584.75 levels.

Aluminium (121.20):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 123.15 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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