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DAILY PREDICTION

MCX Tips for – Thursday, March 30, 2017

Gold (28703): Gold Future is trading into positive zone and traders can hold long positions until Gold Future closes below 28618 levels. Traders can initiate long positions on every dip until Gold Future closes below 28618 levels.

Silver (42283):  Silver is trading into positive zone and traders can go long at every dip or hold long positions until Silver closes below 41741 levels. Traders can go short once Silver Future closes below 41741 levels.

Crude (3211): Crude has entered into positive zone. Traders should initiate long positions on every dip. For now traders can hold long position until Crude future closes below 3122 levels.

Natural Gas (210.70): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every negative rally until NG Future closes below 202.65 levels. Traders can go short if Natural Gas Future closes below 202.65 levels.

Copper (384.05): 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 377.60.

Zinc (184.50): Zinc has entered into positive zone. Traders can hold long position or can initiate fresh long position on every dip until Zinc is trading above 179.20 levels. Traders can go short only it Zinc closes below 179.20 levels.

Lead (151.40): Lead is trading into negative zone. Lead Future would enter into positive zone once it closes above 153.85 levels. Traders can hold short positions or can initiate fresh short position on every rise until Lead is trading above 153.85 levels.

Nickel (646.20):  Nickel has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 633.95 levels.

Aluminium (126.25):  Aluminium is trading into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 124.55 levels, below which fresh short position can be initiated.

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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