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

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

Date : 02-05-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28472 28567 28731 28826 28990
MCX Silver 38691 38983 39472 39764 40253
MCX Crude 3108 3124 3148 3164 3188
MCX Natural Gas 201.5 204 208.7 211.2 215.9
MCX Copper 365.12 372.83 378.77 386.48 392.42
MCX Nickel 605.07 611.03 614.97 620.93 624.87
MCX Lead 142.83 144.47 145.63 147.27 148.43
MCX Zinc 166.93 168.87 170.03 171.97 173.13
MCX Aluminium 121.98 122.87 123.38 124.27 124.78

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