MCX COTTON CANDY - TRADE IDEA ON LONG SIDESymbol - COTTONCNDY1!
COTTONCNDY1! is currently trading at 55800
I'm seeing a trading opportunity on buy side.
Buying COTTONCNDY1! Futures at CMP 55800
I will add more quantity at 55000, If comes. Holding with SL 54200
Targets I'm expecting are 57150 - 58200 & 59200
Disclaimer - Do not con
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Cotton No. 2 Futures is 65.27 USX / LBR — it has fallen −0.31% in the past 24 hours. Watch Cotton No. 2 Futures price in more detail on the chart.
The volume of Cotton No. 2 Futures is 1.67 K. Track more important stats on the Cotton No. 2 Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Cotton No. 2 Futures this number is 60.10 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Cotton No. 2 Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Cotton No. 2 Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Cotton No. 2 Futures technicals for a more comprehensive analysis.