Points To Remember when using Pivot levels
Three most important pivot levels are
Pivot point -P
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 MCX,If Running/Current contract of a commodity not trading specified range/limit,lets use Next contract levels because Support/Resistance s are same for one commodity,Its not differs from contract to contract.That s purpose of Publishing all Contracts of MCX levels.
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.
For Intraday Purpose Use this Calculator
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 | 31379.33 | 31499.67 | 31665.33 | 31785.67 | 31951.33 | 32071.67 | 32237.33 |
GOLD | 5-Apr-13 | 30920.00 | 31055.00 | 31238.00 | 31373.00 | 31556.00 | 31691.00 | 31874.00 |
GOLD | 5-Feb-13 | 30228.67 | 30379.33 | 30568.67 | 30719.33 | 30908.67 | 31059.33 | 31248.67 |
GOLDGUINEA | 28-Feb-13 | 24661.00 | 24735.00 | 24817.00 | 24891.00 | 24973.00 | 25047.00 | 25129.00 |
GOLDGUINEA | 31-Jan-13 | 24491.00 | 24586.00 | 24684.00 | 24779.00 | 24877.00 | 24972.00 | 25070.00 |
GOLDM | 5-Mar-13 | 30673.00 | 30800.00 | 30961.00 | 31088.00 | 31249.00 | 31376.00 | 31537.00 |
GOLDM | 5-Feb-13 | 30248.00 | 30397.00 | 30577.00 | 30726.00 | 30906.00 | 31055.00 | 31235.00 |
GOLDPETAL | 30-Mar-13 | 3107.33 | 3116.67 | 3128.33 | 3137.67 | 3149.33 | 3158.67 | 3170.33 |
GOLDPETAL | 28-Feb-13 | 3072.00 | 3083.00 | 3096.00 | 3107.00 | 3120.00 | 3131.00 | 3144.00 |
GOLDPETAL | 31-Jan-13 | 3060.33 | 3067.67 | 3078.33 | 3085.67 | 3096.33 | 3103.67 | 3114.33 |
SILVER | 4-May-13 | 60066.67 | 60283.33 | 60657.67 | 60874.33 | 61248.67 | 61465.33 | 61839.67 |
SILVER | 5-Mar-13 | 58719.33 | 58946.67 | 59332.33 | 59559.67 | 59945.33 | 60172.67 | 60558.33 |
SILVER1000 | 30-Mar-13 | 57600.00 | 58100.00 | 58600.00 | 59100.00 | 59600.00 | 60100.00 | 60600.00 |
SILVER1000 | 28-Feb-13 | 58005.67 | 58303.33 | 58594.67 | 58892.33 | 59183.67 | 59481.33 | 59772.67 |
SILVER1000 | 31-Jan-13 | 57850.00 | 58075.00 | 58349.00 | 58574.00 | 58848.00 | 59073.00 | 59347.00 |
SILVERM | 30-Apr-13 | 60094.67 | 60307.33 | 60674.67 | 60887.33 | 61254.67 | 61467.33 | 61834.67 |
SILVERM | 28-Feb-13 | 58736.33 | 58958.67 | 59340.33 | 59562.67 | 59944.33 | 60166.67 | 60548.33 |
SILVERMIC | 30-Apr-13 | 60063.33 | 60281.67 | 60663.33 | 60881.67 | 61263.33 | 61481.67 | 61863.33 |
SILVERMIC | 28-Feb-13 | 58739.00 | 58960.00 | 59339.00 | 59560.00 | 59939.00 | 60160.00 | 60539.00 |
Pivot Levels for MCX Base Metals
Commodity | Contract | Support 3 | Support 2 | Support 1 | Pivot Point | Resistance.1 | Resistance.2 | Resistance.3 |
ALUMINI | 28-Mar-13 | 111.28 | 111.72 | 112.13 | 112.57 | 112.98 | 113.42 | 113.83 |
ALUMINI | 28-Feb-13 | 110.37 | 110.88 | 111.42 | 111.93 | 112.47 | 112.98 | 113.52 |
ALUMINI | 31-Jan-13 | 109.15 | 109.70 | 110.25 | 110.80 | 111.35 | 111.90 | 112.45 |
ALUMINIUM | 28-Mar-13 | 111.18 | 111.72 | 112.18 | 112.72 | 113.18 | 113.72 | 114.18 |
ALUMINIUM | 28-Feb-13 | 110.45 | 110.95 | 111.45 | 111.95 | 112.45 | 112.95 | 113.45 |
ALUMINIUM | 31-Jan-13 | 109.08 | 109.67 | 110.23 | 110.82 | 111.38 | 111.97 | 112.53 |
COPPER | 30-Apr-13 | 436.57 | 438.53 | 441.57 | 443.53 | 446.57 | 448.53 | 451.57 |
COPPER | 28-Feb-13 | 430.93 | 433.12 | 436.38 | 438.57 | 441.83 | 444.02 | 447.28 |
COPPERM | 30-Apr-13 | 436.58 | 438.57 | 441.53 | 443.52 | 446.48 | 448.47 | 451.43 |
COPPERM | 28-Feb-13 | 431.00 | 433.15 | 436.40 | 438.55 | 441.80 | 443.95 | 447.20 |
LEAD | 28-Mar-13 | 122.15 | 122.70 | 123.40 | 123.95 | 124.65 | 125.20 | 125.90 |
LEAD | 28-Feb-13 | 121.68 | 122.27 | 123.08 | 123.67 | 124.48 | 125.07 | 125.88 |
LEAD | 31-Jan-13 | 120.72 | 121.48 | 122.47 | 123.23 | 124.22 | 124.98 | 125.97 |
LEADMINI | 28-Mar-13 | 122.17 | 122.68 | 123.42 | 123.93 | 124.67 | 125.18 | 125.92 |
LEADMINI | 28-Feb-13 | 121.57 | 122.18 | 123.02 | 123.63 | 124.47 | 125.08 | 125.92 |
LEADMINI | 31-Jan-13 | 120.78 | 121.52 | 122.48 | 123.22 | 124.18 | 124.92 | 125.88 |
NICKEL | 28-Mar-13 | 949.67 | 956.73 | 961.47 | 968.53 | 973.27 | 980.33 | 985.07 |
NICKEL | 28-Feb-13 | 941.50 | 949.20 | 954.30 | 962.00 | 967.10 | 974.80 | 979.90 |
NICKEL | 31-Jan-13 | 934.77 | 942.93 | 948.07 | 956.23 | 961.37 | 969.53 | 974.67 |
NICKELM | 30-Apr-13 | 957.13 | 963.57 | 968.13 | 974.57 | 979.13 | 985.57 | 990.13 |
NICKELM | 28-Mar-13 | 947.67 | 955.83 | 960.47 | 968.63 | 973.27 | 981.43 | 986.07 |
NICKELM | 28-Feb-13 | 942.40 | 949.80 | 954.60 | 962.00 | 966.80 | 974.20 | 979.00 |
NICKELM | 31-Jan-13 | 935.07 | 943.13 | 948.17 | 956.23 | 961.27 | 969.33 | 974.37 |
ZINC | 28-Mar-13 | 107.80 | 108.35 | 109.10 | 109.65 | 110.40 | 110.95 | 111.70 |
ZINC | 28-Feb-13 | 106.90 | 107.45 | 108.30 | 108.85 | 109.70 | 110.25 | 111.10 |
ZINC | 31-Jan-13 | 105.70 | 106.30 | 107.20 | 107.80 | 108.70 | 109.30 | 110.20 |
ZINCMINI | 28-Mar-13 | 107.82 | 108.33 | 109.12 | 109.63 | 110.42 | 110.93 | 111.72 |
ZINCMINI | 28-Feb-13 | 106.90 | 107.45 | 108.30 | 108.85 | 109.70 | 110.25 | 111.10 |
ZINCMINI | 31-Jan-13 | 105.70 | 106.30 | 107.20 | 107.80 | 108.70 | 109.30 | 110.20 |
Pivot Levels for MCX Energy Commodities
Commodity | Contract | Support 3 | Support 2 | Support 1 | Pivot Point | Resistance.1 | Resistance.2 | Resistance.3 |
BRCRUDEOIL | 13-Mar-13 | 6007.00 | 6015.00 | 6024.00 | 6032.00 | 6041.00 | 6049.00 | 6058.00 |
BRCRUDEOIL | 12-Feb-13 | 5884.33 | 5956.67 | 5994.33 | 6066.67 | 6104.33 | 6176.67 | 6214.33 |
CRUDEOIL | 20-May-13 | 5235.00 | 5257.00 | 5285.00 | 5307.00 | 5335.00 | 5357.00 | 5385.00 |
CRUDEOIL | 19-Apr-13 | 5202.00 | 57579.00 | 5258.00 | 5279.00 | 5314.00 | 5335.00 | 5370.00 |
CRUDEOIL | 19-Mar-13 | 5146.67 | 5173.33 | 5218.67 | 5245.33 | 5290.67 | 5317.33 | 5362.67 |
CRUDEOIL | 19-Feb-13 | 5101.67 | 5129.33 | 5176.67 | 5204.33 | 5251.67 | 5279.33 | 5326.67 |
CRUDEOIL | 21-Jan-13 | 5056.67 | 5084.33 | 5132.67 | 5160.33 | 5208.67 | 5236.33 | 5284.67 |
NATURALGAS | 25-Feb-13 | 180.17 | 182.83 | 185.27 | 187.93 | 190.37 | 193.03 | 195.47 |
NATURALGAS | 28-Jan-13 | 178.80 | 181.70 | 184.20 | 187.10 | 189.60 | 192.50 | 195.00 |
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 | 1055.70 | 1061.90 | 1069.10 | 1075.30 | 1082.50 | 1088.70 | 1095.90 |
CARDAMOM | 15-Feb-13 | 1013.50 | 1020.20 | 1028.50 | 1035.20 | 1043.50 | 1050.20 | 1058.50 |
COTTON | 30-Apr-13 | 17126.67 | 17183.33 | 17216.67 | 17273.33 | 17306.67 | 17363.33 | 17396.67 |
COTTON | 29-Mar-13 | 16806.67 | 16863.33 | 16896.67 | 16953.33 | 16986.67 | 17043.33 | 17076.67 |
COTTON | 28-Feb-13 | 16476.67 | 16543.33 | 16586.67 | 16653.33 | 16696.67 | 16763.33 | 16806.67 |
COTTON | 31-Jan-13 | 16220.00 | 16280.00 | 16320.00 | 16380.00 | 16420.00 | 16480.00 | 16520.00 |
CPO | 30-Apr-13 | 448.83 | 456.77 | 461.73 | 469.67 | 474.63 | 482.57 | 487.53 |
CPO | 30-Mar-13 | 439.57 | 448.03 | 453.47 | 461.93 | 467.37 | 475.83 | 481.27 |
CPO | 28-Feb-13 | 429.23 | 437.77 | 443.73 | 452.27 | 458.23 | 466.77 | 472.73 |
CPO | 31-Jan-13 | 419.53 | 428.27 | 434.83 | 443.57 | 450.13 | 458.87 | 465.43 |
KAPAS | 30-Apr-13 | 914.87 | 920.93 | 924.67 | 930.73 | 934.47 | 940.53 | 944.27 |
KAPAS | 30-Mar-13 | 892.10 | 898.40 | 902.30 | 908.60 | 912.50 | 918.80 | 922.70 |
KAPASKHALI | 30-Mar-13 | 1350.67 | 1367.83 | 1377.67 | 1394.83 | 1404.67 | 1421.83 | 1431.67 |
KAPASKHALI | 28-Feb-13 | 1318.33 | 1336.17 | 1346.33 | 1364.17 | 1374.33 | 1392.17 | 1402.33 |
KAPASKHALI | 31-Jan-13 | 1296.00 | 1312.00 | 1321.00 | 1337.00 | 1346.00 | 1362.00 | 1371.00 |
MENTHAOIL | 30-Mar-13 | 1313.80 | 1328.40 | 1348.00 | 1362.60 | 1382.20 | 1396.80 | 1416.40 |
MENTHAOIL | 28-Feb-13 | 1302.13 | 1317.37 | 1337.63 | 1352.87 | 1373.13 | 1388.37 | 1408.63 |
MENTHAOIL | 31-Jan-13 | 1286.43 | 1302.27 | 1322.83 | 1338.67 | 1359.23 | 1375.07 | 1395.63 |
POTATO | 15-Apr-13 | 785.57 | 796.33 | 804.47 | 815.23 | 823.37 | 834.13 | 842.27 |
POTATO | 15-Mar-13 | 794.67 | 803.03 | 812.47 | 820.83 | 830.27 | 838.63 | 848.07 |
Related Links:
- MCX live Rate
- MCX Margin for 18.01.2013
- MCX Commodities Weekly Pivot Supports and Resistances for Jan'14
- MCX Agri Commodities Weekly Pivot Supports and Resistances for Jan'14
The blog was absolutely fantastic! Lot of great information which can be helpful in some or the other way. Keep updating the blog...Great job, keep it up.....
ReplyDeleteBest Regards,
Gurleen Singh