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 29046 29090 29245 29289 29444
MCX Silver 39293 39679 40162 40548 41031
MCX Crude Oil 2879 2911 2944 2976 3009
MCX Natural Gas 189.33 192.47 194.93 198.07 200.53
MCX Copper 361.45 366.15 368.55 373.25 375.65
MCX Nickel 562.9 565.7 569.7 572.5 576.5
MCX Lead 133.5 133.75 133.55 133.8 133.6
MCX Zinc 154.1 156.25 158.15 160.3 162.2
MCX Aluminium 120.98 121.57 122.38 122.97 123.78

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