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MCX Tips for – July 18, 2017

Gold (28120): Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 27878 levels. Traders can initiate long positions on every dip until Gold Future closes below 27878 levels.

Silver (37410):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 36556  levels.

Crude (2968): 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 2905 levels.

Natural Gas (194): 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 188.50 levels.

Copper (389.30): 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 383.25.

Zinc (181.45): Zinc is trading into negative zone. Traders can hold short position or can initiate fresh short position on every rise until Zinc is trading below 182.35 levels.

Lead (146.80): Lead is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Lead is trading below 149.90 levels.

Nickel (618.10):  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 608.10 levels.

Aluminium (122.20):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 121.65 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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