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 : 29-05-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28628 28757 28829 28958 29030
MCX Silver 39644 39880 40031 40267 40418
MCX Crude Oil 3086 3151 3185 3250 3284
MCX Natural Gas 208.7 211.7 213.4 216.4 218.1
MCX Copper 361.27 364.28 368.42 371.43 375.57
MCX Nickel 577 581.1 583.7 587.8 590.4
MCX Lead 132.77 134.33 135.42 136.98 138.07
MCX Zinc 167.55 168.85 169.8 171.1 172.05
MCX Aluminium 125 125.45 126.15 126.6 127.3

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