Tuesday 27 June 2017

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 : 28-06-2017

MCX CommoditySup 2Sup 1PivotRes 1Res 2
MCX Gold2829228432285402868028788
MCX Silver3778638081382943858938802
MCX Crude Oil27302793283428972938
MCX Natural Gas193.47194.83195.97197.33198.47
MCX Copper366.78371.57374.78379.57382.78
MCX Nickel576584.3589.5597.8603
MCX Lead142.07144.28145.72147.93149.37
MCX Zinc173.43175.37176.53178.47179.63
MCX Aluminium118.52119.88120.62121.98122.72

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