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 : 30-11-2017

Commodity Sup 2 Sup 1 Pivot Res 1 Res 2
MCX Gold 29036 29120 29285 29369 29534
MCX Silver 37310 37605 38175 38470 39040
MCX Crude 3603 3641 3699 3737 3795
MCX Natural Gas 199.97 202.53 205.17 207.73 210.37
MCX Copper 426.97 429.48 433.77 436.28 440.57
MCX Nickel 717.33 725.47 731.33 739.47 745.33
MCX Lead 154.2 155.3 156.1 157.2 158
MCX Zinc 199.95 202.2 203.95 206.2 207.95
MCX Aluminium 128.93 130.22 132.58 133.87 136.23

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