Points To Remember when using Pivot levels
Three most important pivot levels are
Pivot point -P
First Resistance-R1
First Support-S1.
In any MCX Commodity opens above Pivot go for Buy with Target of one(or) two point below First Resistance(R1) level &keeping Stoploss of first support (S1).Mostly, First level(S1/R1) of Weekly pivot levels can be reached.
First Fundamental Of Pivot Trading after the opening range (first 15-30 min. to one hour), if price is above/below the Pivot, Price Action will strongly tend to remain above/below the Pivot for the session.
In Weekly Pivot levels are useful when MCX market trading in New Range/Levels.Weekly Pivot levels more likely to useful for Trend Reversal/Breakout points.When MCX Market in trading downwards,weekly Pivot levels may give prediciton of Market s downside point/Support/Trend reversal point.
Pivot Points and Support and Resistance levels behave exactly like any historical Support and Resistance level.Pivot Support & Resistance level are 60-80 % merely correlate with Historical support & resistance.
Pivot Levels for MCX Bullions
Commodity | Contract | Support 3 | Support 2 | Support 1 | Pivot Point | Resistance.1 | Resistance.2 | Resistance.3 |
GOLD | 5-Jun-13 | 31647.67 | 31724.33 | 31771.67 | 31848.33 | 31895.67 | 31972.33 | 32019.67 |
GOLD | 5-Apr-13 | 31248.67 | 31320.33 | 31363.67 | 31435.33 | 31478.67 | 31550.33 | 31593.67 |
GOLD | 5-Feb-13 | 30566.67 | 30641.33 | 30690.67 | 30765.33 | 30814.67 | 30889.33 | 30938.67 |
GOLDGUINEA | 28-Feb-13 | 24738.33 | 24796.67 | 24833.33 | 24891.67 | 24928.33 | 24986.67 | 25023.33 |
GOLDGUINEA | 31-Jan-13 | 24629.67 | 24660.33 | 24694.67 | 24725.33 | 24759.67 | 24790.33 | 24824.67 |
GOLD MINI | 5-Mar-13 | 30923.33 | 31006.67 | 31065.33 | 31148.67 | 31207.33 | 31290.67 | 31349.33 |
GOLD MINI | 5-Feb-13 | 30586.33 | 30658.67 | 30704.33 | 30776.67 | 30822.33 | 30894.67 | 30940.33 |
GOLDPETAL | 28-Feb-13 | 3087.00 | 3097.00 | 3103.00 | 3113.00 | 3119.00 | 3129.00 | 3135.00 |
GOLDPETAL | 31-Jan-13 | 3071.67 | 3076.33 | 3079.67 | 3084.33 | 3087.67 | 3092.33 | 3095.67 |
SILVER | 4-May-13 | 59151.67 | 59418.33 | 59765.67 | 60032.33 | 60379.67 | 60646.33 | 60993.67 |
SILVER | 5-Mar-13 | 57710.00 | 58005.00 | 58374.00 | 58669.00 | 59038.00 | 59333.00 | 59702.00 |
SILVER1000 | 28-Feb-13 | 57292.33 | 57546.67 | 57812.33 | 58066.67 | 58332.33 | 58586.67 | 58852.33 |
SILVER1000 | 31-Jan-13 | 56806.67 | 57103.33 | 57381.67 | 57678.33 | 57956.67 | 58253.33 | 58531.67 |
SILVER MINI | 30-Apr-13 | 59013.00 | 59319.00 | 59706.00 | 60012.00 | 60399.00 | 60705.00 | 61092.00 |
SILVER MINI | 28-Feb-13 | 57658.33 | 57966.67 | 58360.33 | 58668.67 | 59062.33 | 59370.67 | 59764.33 |
SILVER MICRO | 30-Apr-13 | 59184.00 | 59437.00 | 59780.00 | 60033.00 | 60376.00 | 60629.00 | 60972.00 |
SILVER MICRO | 28-Feb-13 | 57651.00 | 57957.00 | 58358.00 | 58664.00 | 59065.00 | 59371.00 | 59772.00 |
Pivot Levels for MCX Base Metals
Commodity | Contract | Support 3 | Support 2 | Support 1 | Pivot Point | Resistance.1 | Resistance.2 | Resistance.3 |
ALUMINI | 30-Apr-13 | 110.13 | 111.87 | 113.03 | 114.77 | 115.93 | 117.67 | 118.83 |
ALUMINI | 28-Mar-13 | 108.45 | 110.65 | 111.80 | 114.00 | 115.15 | 117.35 | 118.50 |
ALUMINI | 28-Feb-13 | 107.37 | 109.68 | 110.92 | 113.23 | 114.47 | 116.78 | 118.02 |
ALUMINI | 31-Jan-13 | 106.10 | 108.45 | 109.70 | 112.05 | 113.30 | 115.65 | 116.90 |
ALUMINIUM | 28-Mar-13 | 108.65 | 110.75 | 111.85 | 113.95 | 115.05 | 117.15 | 118.25 |
ALUMINIUM | 28-Feb-13 | 107.45 | 109.75 | 110.95 | 113.25 | 114.45 | 116.75 | 117.95 |
ALUMINIUM | 31-Jan-13 | 105.92 | 108.33 | 109.62 | 112.03 | 113.32 | 115.73 | 117.02 |
COPPER | 30-Apr-13 | 435.37 | 440.18 | 442.72 | 447.53 | 450.07 | 454.88 | 457.42 |
COPPER | 28-Feb-13 | 430.43 | 435.37 | 437.93 | 442.87 | 445.43 | 450.37 | 452.93 |
COPPER MINI | 30-Apr-13 | 435.73 | 440.37 | 442.83 | 447.47 | 449.93 | 454.57 | 457.03 |
COPPER MINI | 28-Feb-13 | 430.60 | 435.45 | 438.00 | 442.85 | 445.40 | 450.25 | 452.80 |
LEAD | 28-Mar-13 | 123.65 | 124.80 | 125.45 | 126.60 | 127.25 | 128.40 | 129.05 |
LEAD | 28-Feb-13 | 123.17 | 124.33 | 125.02 | 126.18 | 126.87 | 128.03 | 128.72 |
LEAD | 31-Jan-13 | 122.28 | 123.52 | 124.28 | 125.52 | 126.28 | 127.52 | 128.28 |
LEADMINI | 28-Mar-13 | 123.53 | 124.67 | 125.33 | 126.47 | 127.13 | 128.27 | 128.93 |
LEADMINI | 28-Feb-13 | 123.05 | 124.25 | 124.95 | 126.15 | 126.85 | 128.05 | 128.75 |
LEADMINI | 31-Jan-13 | 122.25 | 123.50 | 124.25 | 125.50 | 126.25 | 127.50 | 128.25 |
NICKEL | 28-Mar-13 | 930.47 | 943.63 | 950.67 | 963.83 | 970.87 | 984.03 | 991.07 |
NICKEL | 28-Feb-13 | 919.47 | 934.73 | 942.97 | 958.23 | 966.47 | 981.73 | 989.97 |
NICKEL | 31-Jan-13 | 912.00 | 927.10 | 935.30 | 950.40 | 958.60 | 973.70 | 981.90 |
NICKEL MINI | 28-Mar-13 | 933.37 | 944.73 | 952.27 | 963.63 | 971.17 | 982.53 | 990.07 |
NICKEL MINI | 28-Feb-13 | 922.93 | 936.67 | 943.93 | 957.67 | 964.93 | 978.67 | 985.93 |
NICKEL MINI | 31-Jan-13 | 913.10 | 928.00 | 935.80 | 950.70 | 958.50 | 973.40 | 981.20 |
ZINC | 28-Mar-13 | 107.95 | 109.15 | 109.75 | 110.95 | 111.55 | 112.75 | 113.35 |
ZINC | 28-Feb-13 | 106.73 | 108.12 | 108.83 | 110.22 | 110.93 | 112.32 | 113.03 |
ZINC | 31-Jan-13 | 105.67 | 107.03 | 107.77 | 109.13 | 109.87 | 111.23 | 111.97 |
ZINCMINI | 28-Mar-13 | 107.93 | 109.17 | 109.83 | 111.07 | 111.73 | 112.97 | 113.63 |
ZINCMINI | 28-Feb-13 | 106.87 | 108.18 | 108.87 | 110.18 | 110.87 | 112.18 | 112.87 |
ZINCMINI | 31-Jan-13 | 105.63 | 107.02 | 107.73 | 109.12 | 109.83 | 111.22 | 111.93 |
Pivot Levels for MCX Energy Commodities
Commodity | Contract | Support 3 | Support 2 | Support 1 | Pivot Point | Resistance.1 | Resistance.2 | Resistance.3 |
BRCRUDEOIL | 12-Feb-13 | 5918.00 | 5961.00 | 5987.00 | 6030.00 | 6056.00 | 6099.00 | 6125.00 |
BRCRUDEOIL | 15-Jan-13 | 5970.33 | 5996.67 | 6024.33 | 6050.67 | 6078.33 | 6104.67 | 6132.33 |
CRUDEOIL | 20-May-13 | 5189.33 | 5214.67 | 5239.33 | 5264.67 | 5289.33 | 5314.67 | 5339.33 |
CRUDEOIL | 19-Apr-13 | 5121.00 | 57274.00 | 5196.00 | 5238.00 | 5271.00 | 5313.00 | 5346.00 |
CRUDEOIL | 19-Mar-13 | 5077.67 | 5122.33 | 5156.67 | 5201.33 | 5235.67 | 5280.33 | 5314.67 |
CRUDEOIL | 19-Feb-13 | 5022.00 | 5072.00 | 5109.00 | 5159.00 | 5196.00 | 5246.00 | 5283.00 |
CRUDEOIL | 21-Jan-13 | 4977.00 | 5027.00 | 5064.00 | 5114.00 | 5151.00 | 5201.00 | 5238.00 |
NATURALGAS | 25-Feb-13 | 180.60 | 182.10 | 184.50 | 186.00 | 188.40 | 189.90 | 192.30 |
NATURALGAS | 28-Jan-13 | 179.33 | 180.77 | 183.23 | 184.67 | 187.13 | 188.57 | 191.03 |
Pivot Levels for MCX Agri Commodities
Commodity | Contract | Support 3 | Support 2 | Support 1 | Pivot Point | Resistance.1 | Resistance.2 | Resistance.3 |
CARDAMOM | 15-Mar-13 | 1053.37 | 1057.93 | 1062.87 | 1067.43 | 1072.37 | 1076.93 | 1081.87 |
CARDAMOM | 15-Feb-13 | 1011.07 | 1018.53 | 1025.07 | 1032.53 | 1039.07 | 1046.53 | 1053.07 |
CARDAMOM | 15-Jan-13 | 957.87 | 974.03 | 984.37 | 1000.53 | 1010.87 | 1027.03 | 1037.37 |
COTTON | 30-Apr-13 | 16680.00 | 16890.00 | 17010.00 | 17220.00 | 17340.00 | 17550.00 | 17670.00 |
COTTON | 29-Mar-13 | 16593.33 | 16696.67 | 16753.33 | 16856.67 | 16913.33 | 17016.67 | 17073.33 |
COTTON | 28-Feb-13 | 16346.67 | 16423.33 | 16466.67 | 16543.33 | 16586.67 | 16663.33 | 16706.67 |
COTTON | 31-Jan-13 | 16143.33 | 16196.67 | 16223.33 | 16276.67 | 16303.33 | 16356.67 | 16383.33 |
CPO | 30-Apr-13 | 443.07 | 447.53 | 450.57 | 455.03 | 458.07 | 462.53 | 465.57 |
CPO | 30-Mar-13 | 433.43 | 438.47 | 441.73 | 446.77 | 450.03 | 455.07 | 458.33 |
CPO | 28-Feb-13 | 424.13 | 429.17 | 432.53 | 437.57 | 440.93 | 445.97 | 449.33 |
CPO | 31-Jan-13 | 416.93 | 421.67 | 425.03 | 429.77 | 433.13 | 437.87 | 441.23 |
KAPAS | 30-Mar-13 | 886.97 | 893.53 | 897.87 | 904.43 | 908.77 | 915.33 | 919.67 |
KAPASKHALI | 30-Mar-13 | 1387.67 | 1393.83 | 1397.67 | 1403.83 | 1407.67 | 1413.83 | 1417.67 |
KAPASKHALI | 28-Feb-13 | 1349.33 | 1357.67 | 1363.33 | 1371.67 | 1377.33 | 1385.67 | 1391.33 |
KAPASKHALI | 31-Jan-13 | 1321.50 | 1329.50 | 1335.00 | 1343.00 | 1348.50 | 1356.50 | 1362.00 |
MENTHAOIL | 30-Mar-13 | 1386.00 | 1395.40 | 1403.30 | 1412.70 | 1420.60 | 1430.00 | 1437.90 |
MENTHAOIL | 28-Feb-13 | 1374.33 | 1384.97 | 1393.23 | 1403.87 | 1412.13 | 1422.77 | 1431.03 |
MENTHAOIL | 31-Jan-13 | 1360.33 | 1370.47 | 1378.73 | 1388.87 | 1397.13 | 1407.27 | 1415.53 |
POTATO | 15-Apr-13 | 806.40 | 817.50 | 839.30 | 850.40 | 872.20 | 883.30 | 905.10 |
POTATO | 15-Mar-13 | 794.27 | 807.63 | 833.67 | 847.03 | 873.07 | 886.43 | 912.47 |
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