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 : 29-06-2017

MCX Commodity	Sup 2	Sup 1	Pivot	Res 1	Res 2
MCX Gold	28382	28468	28593	28679	28804
MCX Silver	37643	38164	38521	39042	39399
MCX Crude Oil	2815	2855	2878	2918	2941
MCX Natural Gas	195.91	198.2	200	202.29	204.09
MCX Copper	374.7	376.6	377.8	379.7	380.9
MCX Nickel	581.07	587.03	591.97	597.93	602.87
MCX Lead	145.27	146.43	147.12	148.28	148.97
MCX Zinc	174.13	175.42	176.88	178.17	179.63
MCX Aluminium	120.78	121.32	121.63	122.17	122.48

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