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DAILY PREDICTION

MCX Tips for – September 01, 2017

Gold (29745): Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 29450 levels. Traders can initiate long positions on every dip until Gold Future closes below 29450 levels.

Silver (39798):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 39416  levels.

Crude (3038): 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 3049 levels.

Natural Gas (194.80): 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 185.75 levels.

Copper (434.55): 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 429.55.

Zinc (200.95): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc is trading below 201.95 levels.

Lead (151.90): 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 152.75 levels.

Nickel (743.70):  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 727.15 levels.

Aluminium (135.30):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 132.25 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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