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 : 05-12-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28869 28912 28976 29019 29083
MCX Silver 37133 37284 37567 37718 38001
MCX Crude 3574 3607 3660 3693 3746
MCX Natural Gas 184.47 186.53 189.07 191.13 193.67
MCX Copper 422.33 424.57 427.03 429.27 431.73
MCX Nickel 689.37 694.23 699.97 704.83 710.57
MCX Lead 158.12 160.28 161.52 163.68 164.92
MCX Zinc 196.88 198.37 200.53 202.02 204.18
MCX Aluminium 128.82 129.58 130.72 131.48 132.62

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