Cotton Future Price Trend - Support and Resistance Levels


Overall MCX Cotton Future Price Trend for today, tomorrow, current & next week and month

Last Update: 14/06/24

Trend

Signal

Intraday

Up Trend

Short Term

Down Trend

Long Term

Down Trend

Below Cotton Future Price Trend trend support, resistance and technical levels charts are updated between 9.15 to 9.30 am. You can make use of the below charts and price levels to make your own trading decisions. Weekly & Monthly support resistance levels are significant market turnaround reversal or breakout levels to look out for. We master in reversal and break out analysis. The daily, weekly, monthly support and resistance levels plotted below can be used for either exit-entry or entry-exit. These forecasts are valid from intraday to short term to long term.

Cotton Future Price Trend Today


MCX cotton is currently in Up Trend for intraday. The below intraday analysis & price levels are calculated using commodityquant's advance pivot point formula and valid only for today's session on a 5-15 minute chart.

Cotton Future Price Trend

Intraday Cotton Future Tips & Target for Today, MCX, India

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

28283.52

28149.82

28350.37

28432.97

28566.67

Sell below

28149.82

28283.52

28082.97

27978.32

27866.67

We also expect the commodity cotton futures to react on the below support and resistance levels for today.

Intraday Cotton Future Resistance Levels

Daily Resistance R1

Daily Resistance R2

Daily Resistance R3

28433.33

28566.67

28783.33

Intraday Cotton Future Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

28083.33

27866.67

27733.33

Earnometer Cotton


Below earnometer cotton power levels & charts are based on a simple but most powerful concept, if the price breaks the yesterday, two days before or three days before high or low, it will most likely continue in the direction of the breakout. Below levels acts as powerful support & resistances as well, either breakout or reversal can happen on these levels. Kindly make use of the below charts to make your own trading decisions.

Earnometer Cotton Levels

Price

Three Days Before High

28870.00

Two Days Before High

28400.00

Yesterdays High

28350.00

Pivot

28216.67

Yesterdays Low

28000.00

Two Days Before Low

28070.00

Three Days Before High

26210.00

Earnometer Cotton Update:

Earnometer Cotton

Important Cotton Future Intraday Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

45500.00

4MH

Four Month before High

51090.00

3MH

Three Month before High

38290.00

2MH

Two Month before High

35300.00

LMH

One Month before High

33850.00

CMH

Current Month High

32570.00

4WH

Four Week before High

33550.00

3WH

Three Week before High

32100.00

2WH

Two Week before High

31820.00

1WH

One Week before High

30840.00

CWH

Current Week High

29330.00

PDH

Yesterdays High

28350.00


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

40310.00

4ML

Four Month before Low

37750.00

3ML

Three Month before Low

30530.00

2ML

Two Month before Low

30770.00

1ML

One Month before Low

28500.00

CML

Current Month Low

26210.00

4WL

Four Week before Low

31670.00

3WL

Three Week before Low

31160.00

2WL

Two Week before Low

30350.00

1WL

One Week before Low

29010.00

CWL

Current Week Low

26210.00

PDL

Yesterdays Low

28000.00

Short Term Cotton Future Price Trend


According to quant's technical analysis mcx cotton is currently in Down Trend for short term. The below analysis & forecasts is valid for tomorrow & current week.

Short Term Cotton Future Buy or Sell Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

29996.20

29297.14

30345.73

30777.61

31476.67

Sell below

29297.14

29996.20

28947.61

28400.44

27816.67

We also anticipate the commodity cotton futures to respond on the below support and resistance levels for this week.

Short Term Cotton Resistance Levels

Weekly Resistance R1

Weekly Resistance R2

Weekly Resistance R3

30283.33

31476.67

32113.33

Short Term Cotton Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

28453.33

27816.67

26623.33

Long Term Cotton Price Trend


Long Term Trend - Cotton Future is currently in Down Trend for long term. The above forecast is valid for the current month.

Cotton Future Price Long Term MCX Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

32905.18

30861.48

33927.04

35189.63

37233.34

Sell below

30861.48

32905.18

29839.63

28239.98

26533.33

In addition, we expect the commodity cotton futures to respond on the following resistance and support levels for this particular month.

Long Term Cotton Resistance Levels

Monthly Resistance R1

Monthly Resistance R2

Monthly Resistance R3

35266.67

37233.34

40616.67

Long Term Cotton Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

29916.67

26533.33

24566.67

Cotton Future Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



29175.00

28492.50

Resistance 3 (R3)

28783.33

28566.67

28825.00

28396.25

Resistance 2 (R2)

28566.67

28432.97

28587.50

28364.17

Resistance 1 (R1)

28433.33

28350.37

28475.00

28332.08

Pivot Point

28216.67

28216.67

28237.50

28216.67

Support 1 (S1)

28083.33

28082.97

28125.00

28267.92

Support 2 (S2)

27866.67

28000.37

27887.50

28235.83

Support 3 (S3)

27733.33

27866.67

27775.00

28203.75

Support 4 (S4)



27425.00

28107.50

Cotton Future Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



33770.00

30096.50

Weekly R3

32113.33

31476.67

31940.00

29593.25

Weekly R2

31476.67

30777.61

31390.00

29425.50

Weekly R1

30283.33

30345.73

30110.00

29257.75

Weekly Pivot Point

29646.67

29646.67

29560.00

29646.67

Weekly S1

28453.33

28947.61

28280.00

28922.25

Weekly S2

27816.67

28515.73

27730.00

28754.50

Weekly S3

26623.33

27816.67

26450.00

28586.75

Weekly S4



24620.00

28083.50

Cotton Future Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



45955.00

36242.50

Monthly R3

40616.67

37233.34

40605.00

34771.25

Monthly R2

37233.34

35189.63

37227.50

34280.83

Monthly R1

35266.67

33927.04

35255.00

33790.42

Monthly Pivot Point

31883.33

31883.33

31877.50

31883.33

Monthly S1

29916.67

29839.63

29905.00

32809.58

Monthly S2

26533.33

28577.04

26527.50

32319.17

Monthly S3

24566.67

26533.33

24555.00

31828.75

Monthly S4



19205.00

30357.50

Get the powerful support and resistance MCX Trend analysis of the 16 major commodities listed on the multi commodity exchange of India. Technical trend analysis of cotton future is done every day and updated between 9.15 to 9.30 am on daily basis.