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 : 24-05-2017

 

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28558 28684 28806 28932 29054
MCX Silver 39353 39635 39938 40220 40523
MCX Crude Oil 3264 3303 3324 3363 3384
MCX Natural Gas 205.43 207.67 211.43 213.67 217.43
MCX Copper 367.7 370.6 372.15 375.05 376.6
MCX Nickel 595.03 599.77 603.83 608.57 612.63
MCX Lead 130.4 132.7 134.5 136.8 138.6
MCX Zinc 168.65 170.6 171.6 173.55 174.55
MCX Aluminium 123.87 125.08 125.77 126.98 127.67



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