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 : 01-02-2018

Commodity	Sup 2	Sup 1	Pivot	Res 1	Res 2
MCX Gold	29937	30014	30089	30166	30241
MCX Silver	39018	39169	39272	39423	39526
MCX Crude	4045	4082	4100	4137	4155
MCX Natural Gas	181.1	185.8	194.3	199	207.5
MCX Copper	447.3	449.15	452.05	453.9	456.8
MCX Nickel	848.67	855.03	859.77	866.13	870.87
MCX Lead	163.93	165.47	166.33	167.87	168.73
MCX Zinc	226.43	227.32	227.78	228.67	229.13
MCX Aluminium	140.05	140.8	141.25	142	142.45

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