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 : 10-10-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29620 29682 29725 29787 29830
MCX Silver 39696 39824 39909 40037 40122
MCX Crude 3206 3232 3246 3272 3286
MCX Natural Gas 183.73 184.97 187.13 188.37 190.53
MCX Copper 436.35 437.8 438.7 440.15 441.05
MCX Nickel 690.13 703.67 711.43 724.97 732.73
MCX Lead 161.2 162.55 163.9 165.25 166.6
MCX Zinc 212 213.35 214.45 215.8 216.9
MCX Aluminium 138.83 139.92 140.63 141.72 142.43

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