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 : 16-06-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28558 28656 28803 28901 29048
MCX Silver 38223 38467 38809 39053 39395
MCX Crude Oil 2843 2860 2875 2892 2907
MCX Natural Gas 186.13 191.97 194.93 200.77 203.73
MCX Copper 359.63 363.37 365.33 369.07 371.03
MCX Nickel 565.63 569.47 572.33 576.17 579.03
MCX Lead 130.53 132.92 134.38 136.77 138.23
MCX Zinc 156.67 159.33 160.87 163.53 165.07
MCX Aluminium 119.18 119.97 120.38 121.17 121.58

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