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 : 08-01-2018

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29096 29159 29216 29279 29336
MCX Silver 38893 39077 39213 39397 39533
MCX Crude 3831 3857 3893 3919 3955
MCX Natural Gas 169.3 173.3 178.8 182.8 188.3
MCX Copper 447.52 449.98 454.62 457.08 461.72
MCX Nickel 781.77 787.93 794.27 800.43 806.77
MCX Lead 158.95 160.4 162.25 163.7 165.55
MCX Zinc 212.03 212.92 214.13 215.02 216.23
MCX Aluminium 554.47 973.23 557.77 976.53 561.07

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