MCX Commodity Support & Resistance

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MCX Commodity Support & Resistance

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 : 25-05-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28545 28594 28680 28729 28815
MCX Silver 39465 39615 39801 39951 40137
MCX Crude Oil 3038 3109 3236 3307 3434
MCX Natural Gas 198.93 201.77 205.83 208.67 212.73
MCX Copper 365.18 368.52 371.43 374.77 377.68
MCX Nickel 575.13 578.57 585.03 588.47 594.93
MCX Lead 131.67 132.83 133.77 134.93 135.87
MCX Zinc 166.95 168.25 169.65 170.95 172.35
MCX Aluminium 125.85 126.05 125.75 125.95 125.65



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