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DAILY PREDICTION

MCX Tips for – August 18, 2017

Gold (29151): Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28939 levels. Traders can initiate long positions on every dip until Gold Future closes below 28939 levels.

Silver (39098):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 38419  levels.

Crude (3021): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3073 levels.

Natural Gas (188.20): 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 190.45 levels.

Copper (415.65): 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 411.45.

Zinc (195.60): 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 193.35 levels.

Lead (153.20): 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 152.80 levels.

Nickel (683.00):  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 689.20 levels.

Aluminium (131.85):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 130.20 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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