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DAILY PREDICTION

MCX Tips for – Wednesday, June 14, 2017

Gold (28944): Gold Future is trading into negative zone and traders can hold short positions until Gold Future closes above 29192 levels. Traders can initiate short positions on every rise until Gold Future closes above 29192 levels.

Silver (38771):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39453  levels.

Crude (2985): 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 3036 levels.

Natural Gas (192.00): 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 199.50 levels.

Copper (369.65): 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 368.30.

Zinc (158.75): 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 157.50 levels.

Lead (132.00): 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 135.25 levels.

Nickel (566.30):  Nickel is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Nickel future closes above 574.80 levels.

Aluminium (121.35):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 122.60 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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