
MCX Weekly levels are the MCX Weekly Pivot Point Levels. In MCX Pivot Point Calculator, there are three Points will be there. Commodity Points are used to predict the MCX Commodity Market. So, Pivot Levels can be used as MCX Trend Calculator for a beginner in Trading. Commodity Market Trend Analysis gives an insight in to Buy or Sell for example Crude Oil Buy or Sell today with Experts Comments. Experts are using Technical Tools used for Trend Prediction. Their
Comments are additional support to our Trading decision.
The three most important Weekly Pivot Levels are
Pivot point -P
First Resistance-R1
First Support-S1.
Pivot point -P
First Resistance-R1
First Support-S1.
In MCX Live Commodity Market, any MCX Commodity opens above Pivot point go for Buy with Target of one (or) two point below the First Resistance (R1) level and keeping Stop loss of above the First support (S1).
In Online Commodity Market watch live, a Commodity opens below Pivot point levels go for Sell with Target of one (or) two point above the price of First Support (S1) level and keeping Stop loss of above the MCX rate of First Resistance (R1).
Best Time to Trading Entry:
MCX Weekly Levels much suitable for MCX weekly Trading. The best time entry on weekly basis is next day (Tuesday if market opens on Monday) of the Trade beginning in a week, Will go for action on trading and keep waiting for Target/Stop loss on the entire week.So,Tuesday to Friday(or) either trade ends with Target/Stop loss whichever is earlier.
Pivot Points are MCX Free Tips provider:
Pivot levels are more useful when markets are trading in New Range or Level due to absence of historical Support and Resistance level and Past Trading Data. Most of the time Commodities (Gold, Silver, Copper, Crude Oil, Lead, Nickel and Lead) are trading in New Ranges/Levels because that time all technical charts and indicators cannot predict the next levels in Commodities Trading.
Trend Reversal/Breakout Points
In Weekly Pivot points are valuable 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 prediction of Market’s downside point/Support/Trend reversal point.
Correlation with MCX Historical Data
Pivot Points and Support and Resistance levels behave exactly like any Historical Data (Support and Resistance level). MCX Pivot Support and Resistance level are 60-80 % merely correlate with Historical Data (Support and Resistance).
In Weekly Levels, Three Resistances(R1,R2,R3) and Three Support(S1,S2,S3) are given as Bullion,Base metals,Energies and Agri Commodities following.
Bullion as Gold and Silver
Base metals as Copper,Nickel,Lead,Zinc and Aluminum
Energies as Crude Oil and Natural Gas
For MCX Weekly levels Click Read more

