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Last Updated : July 30, 2010 14:15
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NCDEX Wheat Aug trades higher at 1242

Wheat August future prices traded completely higher and closed in green. After making a high of 1247.6 it settled at 1242.0 levels.

The momentum indicator RSI (14) daily is treading at 0.381 levels. Wheat has tested a decent resistance at 1248.00 levels and closed below.

Market is possible to test 1236.42.00 levels on the lower side. Overall, we expect prices to trade lower and recommend selling.

Courtesy: Karvy Commtrade Ltd.

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MCX Mentha Oil 29 February 2012 contract was trading at Rs 1306.9 , up Rs. 10.1 . What's your view on it?
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