Gold (27985): Gold Future is trading in negative zone and traders can hold short positions until Gold Future closes above 28200 levels. Traders can initiate short positions on every rise until Gold Future closes above 28200 levels.
Silver (40045): Silver is trading into negative zone and traders can short at every rise or hold short positions until Silver closes above 40486 levels. Traders can go long once Silver Future closes above 40486 levels.
Crude (3178): Crude is trading into negative zone. Traders should initiate short positions on every rise. For now traders can hold short position until Crude future closes above 3259 levels.
Natural Gas (195.40): NG Future has entered into negative zone. Traders can hold short positions and can initiate short positions at every positive rally until NG Future closes above 201.10 levels. Traders can go long if Natural Gas Future closes above 201.10 levels.
Copper (386.80): 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 388.60.
Zinc (183.70): Zinc has entered into positive zone. Traders can hold long position or can initiate long position on every dip until Zinc is trading below 177.70 levels. Traders can go short only it Zinc closes below 177.70 levels.
Lead (147.35): Lead is trading into negative zone. Lead Future would enter into positive zone once it closes above 149.60 levels. Traders can hold short positions or can initiate fresh short position on every rise until Lead is trading below 149.60 levels.
Nickel (671.50): 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 687.40 levels.
Aluminium (123.30): Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 124.65 levels, above which fresh long 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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