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 : 17-05-2017

 

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 27926 28017 28075 28166 28224
MCX Silver 38089 38420 38597 38928 39105
MCX Crude Oil 3084 3102 3132 3150 3180
MCX Natural Gas 199.37 202.83 209.37 212.83 219.37
MCX Copper 357.65 359.9 361.25 363.5 364.85
MCX Nickel 575.27 580.93 585.87 591.53 596.47
MCX Lead 131.92 132.68 134.07 134.83 136.22
MCX Zinc 160.1 161.6 162.8 164.3 165.5
MCX Aluminium 120.9 122.1 122.85 124.05 124.8

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