MCX Commodity Support & Resistance

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MCX Commodity Support & Resistance

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MCX Commodity Support & Resistance

MCX Trading as per Support and Resistance Levels is also quite helpful for daily commerce in mcx commodities.

Resistance is termed because the level wherever the artefact usually gets some opposite force before it will go more up.
trading Support is that the level wherever a stock get shopping for interest before it will fall more.
Under the traditional MCX Market conditions or within the absence of some extraordinarily panic news the support and therefore the resistance levels will act nearly as good levels for initiating the buying and selling.
In general, it’s suggested to shop for the stock at support levels and sell at resistance levels.
In Intraday, there square measure few support and resistance levels called  1 Support , 2 Support , 1 Resistance , 2 Resistance , etc.

Intraday MCX Crude Oil & MCX Natural Gas  Support and Pivot Level.

Date : 29-09-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29443 29523 29605 29685 29767
MCX Silver 39434 39585 39702 39853 39970
MCX Crude 3291 3334 3402 3445 3513
MCX Natural Gas 194.83 196.07 199.33 200.57 203.83
MCX Copper 420.48 426.02 429.68 435.22 438.88
MCX Nickel 659.4 669.2 676.2 686 693
MCX Lead 159.3 160.95 161.9 163.55 164.5
MCX Zinc 204.37 206.63 208.07 210.33 211.77
MCX Aluminium 136.4 137.3 138 138.9 139.6

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