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DAILY PREDICTION

MCX Tips for – August 21, 2017

Gold (29163): Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28977 levels. Traders can initiate long positions on every dip until Gold Future closes below 28977 levels.

Silver (39063):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 38611  levels.

Crude (3104): 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 2985 levels.

Natural Gas (186): 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 190.45 levels.

Copper (415.35): 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 411.45.

Zinc (200.80): 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 193.95 levels.

Lead (150.40): Lead has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead is trading below 158.00 levels.

Nickel (704.00):  Nickel has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 677.45 levels.

Aluminium (131.05):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 130.20 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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