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DAILY PREDICTION

MCX Tips for – Tuesday, June 20, 2017

Gold (28600): Gold Future is trading into negative zone and traders can hold short positions until Gold Future closes above 28821 levels. Traders can initiate short positions on every rise until Gold Future closes above 28821 levels.

Silver (38370):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 38949  levels.

Crude (2895): 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 2952 levels.

Natural Gas (187.60): 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 196.50 levels.

Copper (368.35): 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 371.75.

Zinc (163.85): 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 160.40 levels.

Lead (137.25): 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 134.35 levels.

Nickel (577.90):  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 567.50 levels.

Aluminium (120.70):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 121.90 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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