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 : 12-02-2018

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29790 29901 30001 30112 30212
MCX Silver 37240 37411 37710 37881 38180
MCX Crude 3712 3755 3837 3880 3962
MCX Natural Gas 162.1 164.7 169.5 172.1 176.9
MCX Copper 428.6 431.05 434.75 437.2 440.9
MCX Nickel 813.23 823.77 833.13 843.67 853.03
MCX Lead 159.6 161.6 162.65 164.65 165.7
MCX Zinc 214.67 216.63 218.52 220.48 222.37
MCX Aluminium 134.88 135.97 137.83 138.92 140.78

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