Everything You Need to Know on How to Watch MCX Live Online

Are you having difficulty in learning how to watch and interpret the MCX Live Online? Are you a MCX trader? Then you have surely come to the right place. This short descriptive guide will give you a broader understanding on how you can watch MCX live online, watch MCX Live online and watch MCX price.


There are countless advantages of learning how to watch MCX Live online. They include and are not limited to

· Convenience of use as you can just watch at the comfort of your living room

· Ability to watch through your mobile device.

· You only require internet access, a phone or a PC.

· Ability to make informed decisions at the comfort of your living room.

· Real time data feed that is constantly being updated.

HOW TO WATCH MCX LIVE ONLINE

Here, you will learn what all the information displayed to you when accessing the MCX Live online represents and how you will be able to interpret the information provided at the comfort of your home.

INFORMATION DISPLAYED IN EACH COLUMN AND ROW

There are 13 columns and 46 rows, but understand that the rows occasionally change. The variance in the number of rows is greatly affected by the number of commodities being traded on that particular day, which depends on each individual commodity’s expiry date. If a commodity expires then it is removed from the list thus affecting the number of rows.

a. Script column

This is the first column that you will see on the MCX Live. It showcases the names of the commodities.

b. Expiry column

This is self-explanatory, as it showcases the date which the commodity will be removed from the list.

c. Buy column

This is the most crucial column as it gives the price of the commodity at the price which you will buy if you wish to trade at the MCX. It is great affected by the expiry date of the product, if the expiry date of the product is close then the price becomes lower for that particular product.

d. Sell column

This column depicts the amount of money that you will receive once you sell the products that you have already bought. The price is greatly affected by the expiry date of the product. If the expiry date of the product is close then the selling price of the price will definitely go lower.

e. LTP column

LTP means the Last Traded Price of that product. As you know prices keep changing on MCX and that change needs to be accounted for to help people like you make informed choices. It simply shows the last price that the specific commodity in question was selling for. It changes frequently as the prices on the buy column change.

f. Change column

This column shows the difference between the LTP and the close column of the commodity shown on MCX Live online. It often changes just like all the figures in the MCX Live apart from the open column

g. Open column

This column gives figures that depict the amount of money that particular product began selling that particular day. It only changes once and can help you to decide whether or not to sell your products. If the open column figures are lower than the current sell column of that product, it is safe to say that the product will either continue on the trend or close at a high at the end of the day.


h. Percentage change

This depicts the percentage change that has occurred.

i. High column and Low column

This a record of the highest MCX price that the commodity has ever attained and a record of the lowest MCX price of that commodity ever attained on MCX Live.

j. Total bought quantity and total sold quantity.

They show the total amount of products that have been bought and the total number of products that have been sold on that particular day. The numbers often change as people buy the commodities and they reflect on the MCX Live Online. The MCX Live is the only reason you are able to view real time changes of the details of a commodity.

N/B: Watch out for red and green flashes on MCX Live online, these are live changes. Red indicated that there is a drop while green indicated there is an increase.

Now you have a complete guide and you can easily watch live MCX price online at http://www.watchmcxlive.in/ .

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