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DAILY PREDICTION

MCX Tips for – Monday, April 24, 2017

Gold (29418): Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 29177 levels. Traders can initiate long positions on every dip until Gold Future closes below 29177 levels.

Silver (41289):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 41845 levels.

Crude (3208): 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 3317 levels.

Natural Gas (201.20): NG Future is trading into negative zone. Traders can hold short positions and can initiate short positions at every positive rally until NG Future closes above 207.95 levels.

Copper (363.00): 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 368.55.

Zinc (166.65): 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 164.25 levels.

Lead (139.10): 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 141.90 levels.

Nickel (604.80):  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 623.85 levels.

Aluminium (124.60):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 123.45 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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