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 : 27-09-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29553 29716 29942 30105 30331
MCX Silver 39115 39492 40044 40421 40973
MCX Crude Oil 3340 3368 3401 3429 3462
MCX Natural Gas 187.27 188.63 190.87 192.23 194.47
MCX Copper 417.57 420.63 425.17 428.23 432.77
MCX Nickel 667.87 673.73 683.27 689.13 698.67
MCX Lead 158.6 160.1 162.05 163.55 165.5
MCX Zinc 201.63 203.62 206.28 208.27 210.93
MCX Aluminium 135.75 136.55 138.15 138.95 140.55

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