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 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/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 : 11-05-2017

MCX Commodity	Sup 2	Sup 1	Pivot	Res 1	Res 2
MCX Gold	27833	27911	28028	28106	28223
MCX Silver	37639	37790	38022	38173	38405
MCX Crude Oil	2920	3003	3045	3128	3170
MCX Natural Gas	203.07	208.13	212.17	217.23	221.27
MCX Copper	354.7	356.45	358.35	360.1	362
MCX Nickel	579.77	585.43	592.07	597.73	604.37
MCX Lead	138.32	139.88	140.87	142.43	143.42
MCX Zinc	165.68	166.67	168.08	169.07	170.48
MCX Aluminium	119.83	120.22	120.68	121.07	121.53

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