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 : 19-05-2017

 

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28401 28516 28649 28764 28897
MCX Silver 38635 38875 39040 39280 39445
MCX Crude Oil 3155 3211 3246 3302 3337
MCX Natural Gas 204.13 207.27 209.33 212.47 214.53
MCX Copper 361.83 365.62 367.88 371.67 373.93
MCX Nickel 583.07 593.03 600.37 610.33 617.67
MCX Lead 132.25 133.95 135.55 137.25 138.85
MCX Zinc 161.38 165.52 167.93 172.07 174.48
MCX Aluminium 123.72 124.58 125.22 126.08 126.72



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