TRADING HUB - COTTON

Trends	S1	S2	R1	R2	BY
Bullish May 2019	21306.00	21230.00	21454.00	21492.00	Karvy
Bearish June 2019	21170.00	21000.00	21430.00	21520.00	Geojit
Sideways May 2019	21204.00	21098.00	21396.00	21438.00	Karvy
Bullish May 2019	21100.00	20900.00	21550.00	21800.00	Angel
Bullish May 2019	21170.00	21000.00	21430.00	21520.00	Monarch
Sideways May 2019	21170.00	21000.00	21430.00	21520.00	WAY2WEALTH

CRUDE OIL OUTLOOK

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MCX Cotton under short covering; Resistance seen at 21430

Technically Cotton market is under short covering as market has witnessed drop in open interest by 9.62% to settled at 5618 while prices up 220 r

Long liquidation seen in MCX Cotton

Technically Cotton market is under long liquidation as market has witnessed drop in open interest by 10.29% to settled at 6216 while prices down

MCX Cotton under long liquidation; Support seen at 21120

Technically Cotton market is under long liquidation as market has witnessed drop in open interest by 17.11% to settled at 6929 while prices down

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COTTON MCX 31 May 19	LTP 21580	240% Change
COTMAYJU19 MCX 31 May 19	LTP 270	0% Change
COTTONREF MCX 28 Jun 19	LTP 45670	510% Change
COTTON MCX 28 Jun 19	LTP 21850	250% Change