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MCX Tips for – February 23, 2018

Gold (30573): Gold is trading into negative zone and traders can go short at every rise or hold short positions until Gold closes above 30696  levels.

Silver (38695):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 38069  levels.

Crude (4086): 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 3942 levels.

Natural Gas (171.80): 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 167.50 levels.

Copper (464.65): 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 452.25.

Zinc (231.45): Zinc is trading into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc closes below 227.20  levels.

Lead (165.95): Lead is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Lead closes below 165.10 levels.

Nickel (895.40):  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 906.40 levels.

Aluminium (142.15):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 139.65 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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