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DAILY PREDICTION

MCX Tips for – January 22, 2018

Gold (29755): Gold is trading into positive zone and traders can hold long positions until Gold closes below 29625 levels. Traders can initiate long positions on every dip until Gold closes below 29625 levels.

Silver (38969):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 39502  levels.

Crude (4038): Crude is trading into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 4025 levels.

Natural Gas (203.50): 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 196.10 levels.

Copper (450.45): 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 459.20.

Zinc (219.00): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 216.40  levels.

Lead (165.40): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 163.35 levels.

Nickel (807.80):  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 816.50 levels.

Aluminium (141.75):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 140.90 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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