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DAILY PREDICTION

MCX Tips for – October 06, 2017

Gold (29422): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29637 levels. Traders can initiate short positions on every rise until Gold closes above 29637 levels.

Silver (39172):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39673  levels.

Crude (3313): 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 3347 levels.

Natural Gas (192.60): 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 198.10 levels.

Copper (439.60): Copper is trading into positive zone. Traders can hold Copper Future long positions or can initiate fresh long at every dip until it closes  below 426.60.

Zinc (216.85): 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 211.40 levels.

Lead (168.90): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 163.80 levels.

Nickel (690.30):  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 676.30 levels.

Aluminium (140.65):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 137.85 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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