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 : 07-06-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29001 29278 29426 29703 29851
MCX Silver 40297 40529 40685 40917 41073
MCX Crude Oil 3015 3056 3076 3117 3137
MCX Natural Gas 189.33 192.87 195.13 198.67 200.93
MCX Copper 355.98 359.67 362.48 366.17 368.98
MCX Nickel 565.03 570.17 575.63 580.77 586.23
MCX Lead 130.82 131.93 133.92 135.03 137.02
MCX Zinc 155.83 157.12 159.33 160.62 162.83
MCX Aluminium 120.92 121.68 122.22 122.98 123.52

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