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 : 12-12-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28206 28276 28405 28475 28604
MCX Silver 36706 36808 36982 37084 37258
MCX Crude 3632 3677 3706 3751 3780
MCX Natural Gas 178.33 180.67 182.23 184.57 186.13
MCX Copper 421.77 426.53 429.62 434.38 437.47
MCX Nickel 690.17 705.33 713.87 729.03 737.57
MCX Lead 156.33 158.67 159.98 162.32 163.63
MCX Zinc 196.8 199.1 200.8 203.1 204.8
MCX Aluminium 127.98 128.87 129.43 130.32 130.88

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