Gold (29173): Analysis would remain same. Gold Future is still in positive trend and traders can hold long positions until Gold Future closes below 29046.17 levels. Traders can initiate fresh short positions if Gold Future closes below 29046.17 levels.
Silver (42597): Analysis would remain same. Silver is still in positive zone and traders can buy at dips or hold long positions until Silver closes below 41783.67 levels. Traders can go short once Silver Future closes below 41783.67 levels.
Crude (3609): Crude has entered into positive zone. Traders should initiate long positions on every dips. For now traders can hold long position until Crude future closes below 3512.50 levels.
Natural Gas (204.10): Analysis would remain same. NG Future is still in negative zone. Now traders can hold short positions and short at every positive rally until NG Future closes above 211.55 levels. Traders can go long if Natural Gas Future closes above 211.55 levels.
Copper (408.15): Copper has entered into positive zone. Traders can hold Copper Future long positions or can initiate long at every dip until it closes below 391.10.
Zinc (196.40): Analysis would remain same. Zinc is still in positive trend and would enter into negative zone once it closes below 188.90 levels. Traders can go short only if Zinc closes below 188.90 levels, until then hold long positions.
Lead (161.30): Analysis would remain same. Lead is still in positive zone. Lead Future would enter into negative zone once it closes below 155.05 levels. Traders can initiate short positions only if Lead future closes below 155.05. Until then hold long positions.
Nickel (710.80): Nickel has entered into positive zone. Now traders can hold long positions or can initiate fresh long position on every dip until Nickel future closes below 684.85 levels.
Aluminium (124.85): Aluminium has entered into positive zone. Traders can hold long positions or can initiate fresh long position on every dip until Aluminium closes below 122.50 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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