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 : 16-10-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29667 29758 29810 29901 29953
MCX Silver 40039 40220 40343 40524 40647
MCX Crude 3226 3265 3311 3350 3396
MCX Natural Gas 191.43 193.27 195.33 197.17 199.23
MCX Copper 444.1 446.1 448.4 450.4 452.7
MCX Nickel 728.8 742.5 749.8 763.5 770.8
MCX Lead 161.33 162.42 164.28 165.37 167.23
MCX Zinc 207.85 210.1 212.85 215.1 217.85
MCX Aluminium 135.02 136.23 138.02 139.23 141.02

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