TRADING HUB - COTTON

Trends	S1	S2	R1	R2	BY
Bearish May 2020	15723.00	15637.00	15903.00	15997.00	Motilal Oswal
Bullish May 2020	15723.00	15637.00	15903.00	15997.00	Geojit
Sideways May 2020	15723.00	15637.00	15903.00	15997.00	WAY2WEALTH

CRUDE OIL OUTLOOK

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MCX Cotton under short covering; Resistance seen at 16200

Technically Cotton market is under short covering as market has witnessed drop in open interest by 8.06% to settled at 3329 while prices up 280 r

MCX Cotton under long liquidation; Resistance seen at 15920

Technically Cotton market is under long liquidation as market has witnessed drop in open interest by 6.29% to settled at 3621 while prices down 2

MCX Cotton under long liquidation; Resistance seen at 15910

Technically Cotton market is under long liquidation as market has witnessed drop in open interest by 3.9% to settled at 3864 while prices down 50

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COTTONREF MCX 29 May 20	LTP 32390	-630% Change
COTTONREF MCX 30 Jun 20	LTP 32900	-500% Change
COTTON MCX 30 Jun 20	LTP 15740	-260% Change
COTTON MCX 31 Jul 20	LTP 15920	-330% Change