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MCX Tips for – May 23, 2018

Gold (31108): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above 31144  levels.

Silver (40495):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 40063  levels.

Crude (4929): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 4869  levels.

Natural Gas (197.90): NG is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 190.70 levels.

Copper (472.00): 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 463.60.

Zinc (207.40): Zinc has entered into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 211.40  levels.

Lead (168.05): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 162.30 levels.

Nickel (1005.50):  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 979.15 levels.

Aluminium (154.05): Aluminium has entered into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 158.70 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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