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 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 : 11-05-2017

 

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 27833 27911 28028 28106 28223
MCX Silver 37639 37790 38022 38173 38405
MCX Crude Oil 2920 3003 3045 3128 3170
MCX Natural Gas 203.07 208.13 212.17 217.23 221.27
MCX Copper 354.7 356.45 358.35 360.1 362
MCX Nickel 579.77 585.43 592.07 597.73 604.37
MCX Lead 138.32 139.88 140.87 142.43 143.42
MCX Zinc 165.68 166.67 168.08 169.07 170.48
MCX Aluminium 119.83 120.22 120.68 121.07 121.53


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