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DAILY PREDICTION

MCX Tips for – Wednesday, June 28, 2017

Gold (28553): Gold Future is trading into negative zone and traders can hold short positions until Gold Future closes above 28646 levels. Traders can initiate short positions on every rise until Gold Future closes above 28646 levels.

Silver (38355):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 38589  levels.

Crude (2860): Crude has entered into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 2777 levels.

Natural Gas (195.80): 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 190.60 levels.

Copper (376.65): 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 369.75.

Zinc (177.55): 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 172.65 levels.

Lead (146.90): 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 142.80 levels.

Nickel (593.00):  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 576.70 levels.

Aluminium (121.30):  Aluminium has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 119.20 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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