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 : 28-11-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29294 29391 29461 29558 29628
MCX Silver 38971 39103 39294 39426 39617
MCX Crude 3668 3712 3758 3802 3848
MCX Natural Gas 177.77 183.63 186.97 192.83 196.17
MCX Copper 440.12 442.88 447.27 450.03 454.42
MCX Nickel 727.6 736.5 752.4 761.3 777.2
MCX Lead 156.68 157.52 158.68 159.52 160.68
MCX Zinc 204.57 205.83 207.77 209.03 210.97
MCX Aluminium 135 135.9 136.45 137.35 137.9

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