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DAILY PREDICTION

MCX Tips for – Wednesday, April 05, 2017

Gold (28862): Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28691 levels. Traders can initiate long positions on every dip until Gold Future closes below 28691 levels.

Silver (42570):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 42175 levels. Traders can go short once Silver Future closes below 42175 levels.

Crude (3325): 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 3254 levels.

Natural Gas (212.80): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every negative rally until NG Future closes below 202.95 levels. Traders can go short if Natural Gas Future closes below 202.95 levels.

Copper (376.65): 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 382.45.

Zinc (178.55): 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 181.65 levels.

Lead (150.70): 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 152.80 levels.

Nickel (652.20):  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 635.20 levels.

Aluminium (125.85):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 125.45 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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