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 : 12-06-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28809 28909 29005 29105 29201
MCX Silver 39353 39516 39730 39893 40107
MCX Crude Oil 2885 2924 2949 2988 3013
MCX Natural Gas 193.73 194.87 196.23 197.37 198.73
MCX Copper 366.63 371.82 374.58 379.77 382.53
MCX Nickel 561.43 568.97 573.53 581.07 585.63
MCX Lead 132.17 133.63 135.22 136.68 138.27
MCX Zinc 156.62 159.78 161.52 164.68 166.42
MCX Aluminium 120.68 121.62 122.13 123.07 123.58

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