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 : 18-10-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29416 29505 29658 29747 29900
MCX Silver 39445 39603 39886 40044 40327
MCX Crude 3296 3326 3359 3389 3422
MCX Natural Gas 183.93 188.47 192.63 197.17 201.33
MCX Copper 454.42 456.68 460.37 462.63 466.32
MCX Nickel 748.07 754.73 758.87 765.53 769.67
MCX Lead 159.42 160.28 162.42 163.28 165.42
MCX Zinc 193.57 197.23 202.92 206.58 212.27
MCX Aluminium 136.23 136.97 137.78 138.52 139.33

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