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MCX Tips for – August 11, 2017

Gold (29176): Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28825 levels. Traders can initiate long positions on every dip until Gold Future closes below 28825 levels.

Silver (39213):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 38364  levels.

Crude (3128): 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 3121 levels.

Natural Gas (191.90): 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 183.35 levels.

Copper (411.50): 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 409.00.

Zinc (187.55): 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 185.40 levels.

Lead (150.90): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead is trading above 149.20 levels.

Nickel (697.20):  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 681.20 levels.

Aluminium (129.80):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 127.65 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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