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 : 21-06-2017

MCX Commodity	Sup 2	Sup 1	Pivot	Res 1	Res 2
MCX Gold	28423	28470	28534	28581	28645
MCX Silver	37704	37892	38119	38307	38534
MCX Crude Oil	2733	2774	2833	2874	2933
MCX Natural Gas	185.23	186.57	187.43	188.77	189.63
MCX Copper	360.7	363.05	366.05	368.4	371.4
MCX Nickel	559.87	566.13	575.17	581.43	590.47
MCX Lead	134.73	135.62	136.53	137.42	138.33
MCX Zinc	162.63	163.72	164.78	165.87	166.93
MCX Aluminium	120.17	120.78	121.67	122.28	123.17

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