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MCX Tips for – April 16, 2018

Gold (31118): Gold is trading into positive zone and traders can go long at every dip or hold long positions until Gold closes below 30934  levels.

Silver (38927):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 38653  levels.

Crude (4401): Crude is trading into positive zone and traders can go long at every dip or hold long positions until Crude closes below 4278  levels.

Natural Gas (179.10): NG has entered into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG closes below 173.15 levels.

Copper (442.75): 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 450.80.

Zinc (202.70): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc closes above 207.50  levels.

Lead (150.25): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead closes above 154.90 levels.

Nickel (904.90):  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 886.70 levels.

Aluminium (149.75): Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 147.20 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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