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DAILY PREDICTION

MCX Tips for – November 01, 2017

Gold (29153): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29431 levels. Traders can initiate short positions on every rise until Gold closes above 29431 levels.

Silver (38818):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39447  levels.

Crude (3528): 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 above 3458 levels.

Natural Gas (187.80): 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 197.50 levels.

Copper (444.70): 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 451.95.

Zinc (215.05): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 210.80 levels.

Lead (156.80): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 159.10 levels.

Nickel (766.30):  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 742.60 levels.

Aluminium (138.60):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 140.80 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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