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MCX Tips for – December 15, 2017

Gold (28317): Gold is trading into negative zone and traders can hold short positions until Gold closes above 28390 levels. Traders can initiate short positions on every rise until Gold closes above 28390 levels.

Silver (37054):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 37245  levels.

Crude (3651): Crude has entered into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3702 levels.

Natural Gas (172.10): 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 179.90 levels.

Copper (439.35): 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 430.20.

Zinc (204.90): Zinc has entered into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 201.30  levels.

Lead (160.15): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 158.40 levels.

Nickel (718.30):  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 697.85 levels.

Aluminium (131.00):  Aluminium has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 128.70 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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