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 : 28-09-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29433 29530 29723 29820 30013
MCX Silver 39353 39514 39761 39922 40169
MCX Crude 3370 3393 3421 3444 3472
MCX Natural Gas 193.23 197.47 200.63 204.87 208.03
MCX Copper 421.27 423.63 426.57 428.93 431.87
MCX Nickel 649.13 659.87 676.13 686.87 703.13
MCX Lead 158.73 159.87 161.33 162.47 163.93
MCX Zinc 202.95 204.90 206.80 208.75 210.65
MCX Aluminium 136.73 137.37 138.33 138.97 139.93

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