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COTTON Intraday Tips For 23 Feb 2019

Last update on 21 Feb 2019
COTTON (EXP 28 Feb 2019) CMP-20230 currently close up side in intraday. It is likely to test resistance 20336.70 / 20443.35 / 20626.70. If it breaks below 20153.35 with volume then it may test lowerside supports, such as 20046.70 / 19863.35 / 19756.70.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 20626.70
R3 20443.35
R2 20336.70
R1 20245.05
PP 20153.35
S1 20100.05
S2 20046.70
S3 19863.35
S4 19756.70
Last Day High 20260
Last Day Low 19970
Last Day Close 20230
Close up side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)