Pivot points for MCX trading on 13th September
|
R3
|
R2
|
R1
|
Pivot
|
S1
|
S2
|
S3
|
ALUMINI
|
116.08
|
115.42
|
114.73
|
114.07
|
113.38
|
112.72
|
112.03
|
COPPERM
|
463.40
|
459.95
|
456.20
|
452.75
|
449.00
|
445.55
|
441.80
|
CRUDEOIL
|
5468.67
|
5436.33
|
5394.67
|
5362.33
|
5320.67
|
5288.33
|
5246.67
|
GOLDGUINEA
|
26032.67
|
25891.33
|
25733.67
|
25592.33
|
25434.67
|
25293.33
|
25135.67
|
GOLDM
|
32499.33
|
32314.67
|
32102.33
|
31917.67
|
31705.33
|
31520.67
|
31308.33
|
GOLDPETAL
|
3254.33
|
3240.67
|
3224.33
|
3210.67
|
3194.33
|
3180.67
|
3164.33
|
LEADMINI
|
119.78
|
118.92
|
117.73
|
116.87
|
115.68
|
114.82
|
113.63
|
NATURALGAS
|
176.70
|
173.00
|
170.80
|
167.10
|
164.90
|
161.20
|
159.00
|
NICKELM
|
961.40
|
949.90
|
935.40
|
923.90
|
909.40
|
897.90
|
883.40
|
SILVERM
|
67593.67
|
66172.33
|
64742.67
|
63321.33
|
61891.67
|
60470.33
|
59040.67
|
SILVERMIC
|
67588.00
|
66169.00
|
64740.00
|
63321.00
|
61892.00
|
60473.00
|
59044.00
|
ZINCMINI
|
113.52
|
112.58
|
111.42
|
110.48
|
109.32
|
108.38
|
107.22
|
Zincmini and Leadmini have
reached a zone where resistance is strong. Gold is showing some sideways
movement. It could lose some value at this point. So does the silver. However
it must be noted the uptrend is not over yet for gold and silver. Any dip in
price would trigger another wave of upswing like we have seen in the past many
trading sessions therefore shorts should be avoided..
Happy trading!!
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