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 : 16-05-2017

 

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 27879 27935 28038 28094 28197
MCX Silver 37413 37959 38416 38962 39419
MCX Crude Oil 2995 3073 3127 3205 3259
MCX Natural Gas 211.3 213 215.8 217.5 220.3
MCX Copper 358.23 359.77 361.73 363.27 365.23
MCX Nickel 576.73 581.97 591.53 596.77 606.33
MCX Lead 133.83 135.07 136.28 137.52 138.73
MCX Zinc 162.15 163.9 164.95 166.7 167.75
MCX Aluminium 120.63 121.47 121.93 122.77 123.23

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