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MCX Crude Operator: Crude Oil Gains In Asia As Focus On Dollar Weaknes...: Crude Costs opened slightly higher in Asia on weekday with the current of air from a weaker greenback aiding sentiment. US. West Texas In...

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 : 05-02-2018

Commodity	Sup 1	Pivot	Res 1	Res 2
MCX Gold	29949	30131	30384	30566	30819
MCX Silver	37770	38189	38899	39318	40028
MCX Crude	4089	4144	4195	4250	4301
MCX Natural Gas	180.33	182.57	185.23	187.47	190.13
MCX Copper	443.97	448.38	454.42	458.83	464.87
MCX Nickel	822.8	844.9	870	892.1	917.2
MCX Lead	167.75	169.75	171.1	173.1	174.45
MCX Zinc	222.52	224.38	226.97	228.83	231.42
MCX Aluminium	140.45	141.1	142.1	142.75	143.75

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