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 : 10-05-2017

MCX Commodity	Sup 2	Sup 1	Pivot	Res 1	Res 2
MCX Gold	27808	27886	28030	28108	28252
MCX Silver	37367	37584	37855	38072	38343
MCX Crude Oil	2915	2948	2986	3019	3057
MCX Natural Gas	200.47	205.03	207.57	212.13	214.67
MCX Copper	352.95	356	358.65	361.7	364.35
MCX Nickel	580.53	588.77	596.23	604.47	611.93
MCX Lead	137.83	139.07	140.43	141.67	143.03
MCX Zinc	163.92	166.33	168.42	170.83	172.92
MCX Aluminium	119.23	120.12	120.88	121.77	122.53

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