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 : 02-06-2017

MCX Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 28779 28850 28940 29011 29101
MCX Silver 39017 39402 39732 40117 40447
MCX Crude Oil 3088 3120 3147 3179 3206
MCX Natural Gas 187.57 191.03 196.57 200.03 205.57
MCX Copper 364.08 366.32 368.08 370.32 372.08
MCX Nickel 563.2 566.6 572.8 576.2 582.4
MCX Lead 133.87 134.58 135.87 136.58 137.87
MCX Zinc 163.33 164.22 165.73 166.62 168.13
MCX Aluminium 122.8 123.45 124.25 124.9 125.7

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