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 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/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 Support 1, Support 2, Resistance 1, Resistance 2, etc

Intraday MCX Crude Oil & MCX Natural Gas  Support and Pivot Level.

Date : 28-04-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28877 2883 28763 28709 28649
MCX Silver 40256 39963 39794 39501 39332
MCX Crude 3236 3192 3146 3102 3056
MCX Natural Gas 212.63 210.47 208.33 206.17 204.13
MCX Copper 368.92 367.13 364.37 362.58 359.82
MCX Nickel 604.70 600.5 593.80 589.60 582.90
MCX Lead 145.35 144.25 142.20 141.10 139.05
MCX Zinc 170.00 168.50 166.90 165.40 169.80
MCX Aluminium 127.08 124.92 123.78 121.78 118.32

 


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