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 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 : 25-05-2017

MCX Commodity	Sup 2	Sup 1	Pivot	Res 1	Res 2
MCX Gold	28589	28647	28704	28762	28819
MCX Silver	39310	39560	39721	39971	40132
MCX Crude Oil	3287	3308	3339	3360	3391
MCX Natural Gas	203.17	205.63	208.07	210.53	212.97
MCX Copper	365.78	368.52	370.53	373.27	375.28
MCX Nickel	572.13	570.87	585.53	584.27	598.93
MCX Lead	132.72	133.28	134.07	134.63	135.42
MCX Zinc	168.57	169.93	170.97	172.33	173.37
MCX Aluminium	124.65	125.35	125.95	126.65	127.25

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