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 Support 1, Support 2, Resistance 1, Resistance 2, etc

Intraday MCX Crude Oil & MCX Natural Gas  Support and Pivot Level.

Date : 27-04-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28894 28807 28733 28646 29572
MCX Silver 40621 40239 39994 39612 39367
MCX Crude 3268 3234 3192 3158 3116
MCX Natural Gas 215.17 212.93 207.87 205.23 200.57
MCX Copper 369.33 368.07 365.93 364.67 362.53
MCX Nickel 600.00 595.60 593.00 588.60 586.00
MCX Lead 143.27 142.18 140.22 139.08 137.17
MCX Zinc 169.88 169.07 167.03 166.82 165.38
MCX Aluminium 126.47 126.03 125.27 124.83 124.07

 


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