Showing posts with label MCX Trading Tips. Show all posts
Showing posts with label MCX Trading Tips. Show all posts

Thursday, 27 June 2013

MCX Commodities Intraday Trading Support,Resistance Levels for 27.06.2013

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 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.

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.

Supports & Resistances are more helpful for fixing MCX Target & Stop loss. For Target in MCX Buying,Keep Target below Resistance level,In Selling Keep target above Support level.
For Stop Loss Fixing in MCX, Buying in MCX mean Keep Stop loss below Support level,Selling in MCX mean keep Stop loss above Resistance.



For MCX Levels click Read more


Wednesday, 26 June 2013

MCX Commodities Intraday Trading Support,Resistance Levels for 26.06.2013

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 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.

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.

Supports & Resistances are more helpful for fixing MCX Target & Stop loss. For Target in MCX Buying,Keep Target below Resistance level,In Selling Keep target above Support level.
For Stop Loss Fixing in MCX, Buying in MCX mean Keep Stop loss below Support level,Selling in MCX mean keep Stop loss above Resistance.



For MCX Levels click Read more


Tuesday, 25 June 2013

MCX Commodities Intraday Trading Support,Resistance Levels for 25.06.2013

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 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.

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.

Supports & Resistances are more helpful for fixing MCX Target & Stop loss. For Target in MCX Buying,Keep Target below Resistance level,In Selling Keep target above Support level.
For Stop Loss Fixing in MCX, Buying in MCX mean Keep Stop loss below Support level,Selling in MCX mean keep Stop loss above Resistance.



For MCX Levels click Read more


Monday, 24 June 2013

MCX Commodities Intraday Trading Support,Resistance Levels for 24.06.2013

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 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.

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.

Supports & Resistances are more helpful for fixing MCX Target & Stop loss. For Target in MCX Buying,Keep Target below Resistance level,In Selling Keep target above Support level.
For Stop Loss Fixing in MCX, Buying in MCX mean Keep Stop loss below Support level,Selling in MCX mean keep Stop loss above Resistance.



For MCX Levels click Read more


MCX Commodities Weekly Pivot Supports and Resistances for June'' 24-29 ''2013


MCX Commodities Weekly Pivot Supports and Resistances for June'' 24-29 ''2013


Commodity
S3
S2
S1
PP
R1
R2
R3
Gold
25031.33
25868.67
26444.33
27281.67
27857.33
28694.67
29270.33
Silver
36597.33
38656.67
40121.33
42180.67
43645.33
45704.67
47169.33
Copper
391.35
396.60
402.20
407.45
413.05
418.30
423.90
Crudeoil
5248.33
5417.67
5515.33
5684.67
5782.33
5951.67
6049.33
Lead
114.13
116.62
118.83
121.32
123.53
126.02
128.23
Zinc
103.03
104.27
106.38
107.62
109.73
110.97
113.08
Nickel
791.07
801.13
818.87
828.93
846.67
856.73
874.47
Aluminum
100.43
102.07
103.48
105.12
106.53
108.17
109.58
Natural Gas
199.20
209.20
219.40
229.40
239.60
249.60
259.80

Friday, 21 June 2013

MCX Commodities Intraday Trading Support,Resistance Levels for 21.06.2013

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 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.

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.

Supports & Resistances are more helpful for fixing MCX Target & Stop loss. For Target in MCX Buying,Keep Target below Resistance level,In Selling Keep target above Support level.
For Stop Loss Fixing in MCX, Buying in MCX mean Keep Stop loss below Support level,Selling in MCX mean keep Stop loss above Resistance.



For MCX Levels click Read more


Thursday, 20 June 2013

MCX Commodities Intraday Trading Support,Resistance Levels for 20.06.2013


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 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.

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.

Supports & Resistances are more helpful for fixing MCX Target & Stop loss. For Target in MCX Buying,Keep Target below Resistance level,In Selling Keep target above Support level.
For Stop Loss Fixing in MCX, Buying in MCX mean Keep Stop loss below Support level,Selling in MCX mean keep Stop loss above Resistance.



For MCX Levels click Read more


Wednesday, 19 June 2013

MCX Commodities Intraday Trading Support,Resistance Levels for 19.06.2013


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 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.

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.

Supports & Resistances are more helpful for fixing MCX Target & Stop loss. For Target in MCX Buying,Keep Target below Resistance level,In Selling Keep target above Support level.
For Stop Loss Fixing in MCX, Buying in MCX mean Keep Stop loss below Support level,Selling in MCX mean keep Stop loss above Resistance.



For MCX Levels click Read more


Tuesday, 18 June 2013

MCX Commodities Intraday Trading Support,Resistance Levels for 18.06.2013


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 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.

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.

Supports & Resistances are more helpful for fixing MCX Target & Stop loss. For Target in MCX Buying,Keep Target below Resistance level,In Selling Keep target above Support level.
For Stop Loss Fixing in MCX, Buying in MCX mean Keep Stop loss below Support level,Selling in MCX mean keep Stop loss above Resistance.



For MCX Levels click Read more


Monday, 17 June 2013

MCX Commodities Intraday Trading Support,Resistance Levels for 17.06.2013


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 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.

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.

Supports & Resistances are more helpful for fixing MCX Target & Stop loss. For Target in MCX Buying,Keep Target below Resistance level,In Selling Keep target above Support level.
For Stop Loss Fixing in MCX, Buying in MCX mean Keep Stop loss below Support level,Selling in MCX mean keep Stop loss above Resistance.



For MCX Levels click Read more