Menthaoil trading range for the day is 756.9-785.9. MENTHA OIL Price fell by 0.22% to Rs 773 per kg in futures trade today amid profit-booking by speculators at existing levels.
At the MCX Mentha oil for delivery in March fell by Rs 1.70, or 0.22%, to Rs 773 per kg in a business turnover of 268 lots.
Likewise, the oil for delivery in February shed Rs 1.20, or 0.16%, to Rs 763.30 per kg in 134 lots.
Technically market is under fresh buying as market has witnessed gain in open interest by 13.56% to settled at 6483 while prices up 11.5 rupee, now Mentha oil is getting support at 765.8 and below same could see a test of 756.9 level, and resistance is now likely to be seen at 780.3, a move above could see prices testing 785.9.
Get real time advice for Agri Commodity Tips , Best NCDEX Tips Provider , Agri Commodity Trading , Agri Trading Tips and all market updates. For 2 Days Free Trial, please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.
At the MCX Mentha oil for delivery in March fell by Rs 1.70, or 0.22%, to Rs 773 per kg in a business turnover of 268 lots.
Likewise, the oil for delivery in February shed Rs 1.20, or 0.16%, to Rs 763.30 per kg in 134 lots.
Technically market is under fresh buying as market has witnessed gain in open interest by 13.56% to settled at 6483 while prices up 11.5 rupee, now Mentha oil is getting support at 765.8 and below same could see a test of 756.9 level, and resistance is now likely to be seen at 780.3, a move above could see prices testing 785.9.
Get real time advice for Agri Commodity Tips , Best NCDEX Tips Provider , Agri Commodity Trading , Agri Trading Tips and all market updates. For 2 Days Free Trial, please visit our site http://www.capitalstars.com Call at 0731-6790000, 6669900.
0 comments:
Post a Comment