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DAILY PREDICTION

MCX Tips for – September 19, 2017

Gold (29547): Gold is trading into negative zone and traders can hold short positions until Gold closes above 29944 levels. Traders can initiate short positions on every rise until Gold closes above 29944 levels.

Silver (39764):  Silver is trading into negative zone and traders can go short at every rise or hold short positions until Silver closes above 40849  levels.

Crude (3208): 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 3122 levels.

Natural Gas (202.50): NG Future is trading into positive zone. Traders can hold long positions and can initiate long positions at every dip until NG Future closes below 193.50 levels.

Copper (422.70): 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 (200.65): 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 193.75 levels.

Lead (152.50): 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 148.30 levels.

Nickel (714.60):  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 731.80 levels.

Aluminium (132.80):  Aluminium is trading into negative zone. Traders can hold short positions or can initiate fresh short position on every rise until Aluminium closes above 134.65 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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