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 : 04-12-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28908 29121 29312 29525 29716
MCX Silver 37111 37737 38752 39378 40393
MCX Crude 3622 3687 3744 3809 3866
MCX Natural Gas 193.2 196.1 198.9 201.8 204.6
MCX Copper 435.38 439.82 443.98 448.42 452.58
MCX Nickel 695.13 713.07 725.03 742.97 754.93
MCX Lead 157.2 160.85 162.8 166.45 168.4
MCX Zinc 199.97 204.83 207.92 212.78 215.87
MCX Aluminium 131.17 132.38 133.22 134.43 135.27

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