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 : 13-12-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 27878 28014 28191 28327 28504
MCX Silver 36455 36581 36800 36926 37145
MCX Crude 3622 3657 3716 3751 3810
MCX Natural Gas 168.57 171.83 177.77 181.03 186.97
MCX Copper 429.65 431.9 433.45 435.7 437.25
MCX Nickel 700.4 708.5 716.1 724.2 731.8
MCX Lead 160 161.4 162.25 163.65 164.5
MCX Zinc 197.62 200.48 202.57 205.43 207.52
MCX Aluminium 128.48 129.02 129.53 130.07 130.58

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