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 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/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 : 12-05-2017

 

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 27844 27916 28003 28075 28162
MCX Silver 37113 37547 37883 38317 38653
MCX Crude Oil 3041 3064 3087 3110 3133
MCX Natural Gas 208.4 212.9 215.6 220.1 222.8
MCX Copper 353.67 356.28 360.62 363.23 367.57
MCX Nickel 584.8 591.9 598.1 605.2 611.4
MCX Lead 137.13 138.57 140.73 142.17 144.33
MCX Zinc 163.5 164.85 167.4 168.75 171.3
MCX Aluminium 119.52 120.13 120.97 121.58 122.42

 

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