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 : 21-06-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28423 28470 28534 28581 28645
MCX Silver 37704 37892 38119 38307 38534
MCX Crude Oil 2733 2774 2833 2874 2933
MCX Natural Gas 185.23 186.57 187.43 188.77 189.63
MCX Copper 360.7 363.05 366.05 368.4 371.4
MCX Nickel 559.87 566.13 575.17 581.43 590.47
MCX Lead 134.73 135.62 136.53 137.42 138.33
MCX Zinc 162.63 163.72 164.78 165.87 166.93
MCX Aluminium 120.17 120.78 121.67 122.28 123.17

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