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 : 08-06-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29296 29357 29447 29508 29598
MCX Silver 40217 40363 40563 40709 40909
MCX Crude Oil 2856 2912 3011 3067 3166
MCX Natural Gas 193.13 194.67 197.03 198.57 200.93
MCX Copper 359.85 361.7 363 364.85 366.15
MCX Nickel 561.73 565.37 571.73 575.37 581.73
MCX Lead 128.95 130.8 132.45 134.3 135.95
MCX Zinc 154.22 155.58 157.47 158.83 160.72
MCX Aluminium 121.42 121.88 122.47 122.93 123.52

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