MCX Commodity Support & Resistance

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MCX Commodity Support & Resistance

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 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/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 Support 1, Support 2, Resistance 1, Resistance 2, etc

Intraday MCX Crude Oil & MCX Natural Gas  Support and Pivot Level.

Date : 01-05-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28754 28824 28859 28929 28964
MCX Silver 39033 39267 39633 39867 40233
MCX Crude 3108 3141 3175 3208 3242
MCX Natural Gas 206.27 208.93 210.67 213.33 215.07
MCX Copper 363.45 364.45 366.45 367.45 369.45
MCX Nickel 587.97 598.23 604.27 614.53 620.57
MCX Lead 141.48 143.92 145.13 147.57 148.78
MCX Zinc 167.12 167.78 168.67 169.33 170.22
MCX Aluminium 121.77 122.73 123.22 124.18 124.67

 


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