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 : 18-05-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 27872 28246 28444 28818 29016
MCX Silver 38332 38783 39078 39529 39824
MCX Crude Oil 3048 3103 3138 3193 3228
MCX Natural Gas 199.4 202.2 205.9 208.7 212.4
MCX Copper 358.43 360.62 362.28 364.47 366.13
MCX Nickel 577.53 581.67 588.13 592.27 598.73
MCX Lead 131.62 133.58 134.67 136.63 137.72
MCX Zinc 162.78 163.52 164.23 164.97 165.68
MCX Aluminium 122.67 123.18 123.52 124.03 124.37

 
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