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COTTON Intraday Tips For 25 May 2019

Last update on 23 May 2019
COTTON (EXP 31 May 2019) CMP-21340 currently close up side in intraday. It is likely to test resistance 21430.00 / 21520.00 / 21690.00. If it breaks below 21260.00 with volume then it may test lowerside supports, such as 21170.00 / 21000.00 / 20910.00.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 21690.00
R3 21520.00
R2 21430.00
R1 21345.00
PP 21260.00
S1 21215.00
S2 21170.00
S3 21000.00
S4 20910.00
Last Day High 21350
Last Day Low 21090
Last Day Close 21340
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)