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 : 19-12-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28217 28336 28409 28528 28601
MCX Silver 36451 36992 37277 37818 38103
MCX Crude 3604 3627 3664 3687 3724
MCX Natural Gas 166.4 172.1 175.3 181 184.2
MCX Copper 442.42 445.28 446.87 449.73 451.32
MCX Nickel 730.8 742.9 750.7 762.8 770.6
MCX Lead 160.82 162.68 163.87 165.73 166.92
MCX Zinc 202.98 203.92 205.23 206.17 207.48
MCX Aluminium 131.45 131.95 132.25 132.75 133.05

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