MCX Commodity Support & Resistance

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MCX Commodity Support & Resistance

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 : 01-02-2018

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29937 30014 30089 30166 30241
MCX Silver 39018 39169 39272 39423 39526
MCX Crude 4045 4082 4100 4137 4155
MCX Natural Gas 181.1 185.8 194.3 199 207.5
MCX Copper 447.3 449.15 452.05 453.9 456.8
MCX Nickel 848.67 855.03 859.77 866.13 870.87
MCX Lead 163.93 165.47 166.33 167.87 168.73
MCX Zinc 226.43 227.32 227.78 228.67 229.13
MCX Aluminium 140.05 140.8 141.25 142 142.45

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