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DAILY PREDICTION

MCX Tips for – September 22, 2017

Gold (29564): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29778 levels. Traders can initiate short positions on every rise until Gold closes above 29778 levels.

Silver (39833):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40388  levels.

Crude (3295): 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 3209 levels.

Natural Gas (192.20): NG Future has entered into negative zone. Traders can hold short positions and can initiate short positions at every rise until NG Future closes above 201.50 levels.

Copper (422.75): 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 427.90.

Zinc (198.10): 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 197.50 levels.

Lead (160.15): 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 155.30 levels.

Nickel (694.40):  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 729.90 levels.

Aluminium (138.35):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 136.80 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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