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 : 03-01-2018

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28963 29059 29146 29242 29329
MCX Silver 38827 39004 39142 39319 39457
MCX Crude 3786 3803 3834 3851 3882
MCX Natural Gas 182.1 187.9 192.2 198 202.3
MCX Copper 455.18 457.72 461.38 463.92 467.58
MCX Nickel 787.87 795.93 805.57 813.63 823.27
MCX Lead 157.9 160.35 161.75 164.2 165.6
MCX Zinc 210.1 211.75 212.75 214.4 215.4
MCX Aluminium 141.87 142.63 144.02 144.78 146.17

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