March Mentha oil future prices fell sharply by reversing the previous gains and after making a low of 610.8 it settled at 613.2 levels.

However, market is witnessing a crucial support at 609 levels sustain above the same expected to push the prices on higher note.

Trading above the daily short term (10, 20) EMA suggesting an upside movements. We expect prices to trade sideways to higher bias.

MCX Mentha oil: Sell March at 614.20 TP 608 SL 617

Courtesy: Karvy Commtrade Ltd.

Get a bigger political picture to help you invest

Post your comment  (0)

Connect:

Post to Twitter

Post to Facebook