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 : 17-05-2017

MCX Commodity	Sup 2	Sup 1	Pivot	Res 1	Res 2
MCX Gold	27926	28017	28075	28166	28224
MCX Silver	38089	38420	38597	38928	39105
MCX Crude Oil	3084	3102	3132	3150	3180
MCX Natural Gas	199.37	202.83	209.37	212.83	219.37
MCX Copper	357.65	359.9	361.25	363.5	364.85
MCX Nickel	575.27	580.93	585.87	591.53	596.47
MCX Lead	131.92	132.68	134.07	134.83	136.22
MCX Zinc	160.1	161.6	162.8	164.3	165.5
MCX Aluminium	120.9	122.1	122.85	124.05	124.8

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