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 : 23-06-2017

MCX Commodity	Sup 2	Sup 1	Pivot	Res 1	Res 2
MCX Gold	28314	28475	28612	28773	28910
MCX Silver	37429	37824	38145	38540	38861
MCX Crude Oil	2693	2735	2773	2815	2853
MCX Natural Gas	181.43	184.47	187.83	190.87	194.23
MCX Copper	364.05	367.25	369.9	373.1	375.75
MCX Nickel	567.23	574.67	579.93	587.37	592.63
MCX Lead	138.6	140	140.9	142.3	143.2
MCX Zinc	166.83	170.22	172.53	175.92	178.23
MCX Aluminium	119.33	119.87	120.53	121.07	121.73

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