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 : 30-05-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28772 28844 28892 28964 29012
MCX Silver 39972 40158 40262 40448 40552
MCX Crude Oil 3177 3219 3244 3286 3311
MCX Natural Gas 200.7 203.7 209.1 212.1 217.5
MCX Copper 362.23 365.12 367.88 370.77 373.53
MCX Nickel 576.2 580.7 583.3 587.8 590.4
MCX Lead 134.33 135.22 135.93 136.82 137.53
MCX Zinc 169 169.4 169.95 170.35 170.9
MCX Aluminium 124.83 125.37 125.68 126.22 126.53

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