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 : 18-01-2018

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29618 29690 29755 29827 29892
MCX Silver 38824 39019 39251 39446 39678
MCX Crude 4021 4052 4074 4105 4127
MCX Natural Gas 194.93 201.57 205.73 212.37 216.53
MCX Copper 446.38 448.37 451.78 453.77 457.18
MCX Nickel 781.53 785.77 793.83 798.07 806.13
MCX Lead 160.85 161.95 162.95 164.05 165.05
MCX Zinc 215.52 216.38 217.97 218.83 220.42
MCX Aluminium 138.75 139.45 140 140.7 141.25

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