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Last Updated : November 02, 2011 13:42:09

Mentha on a roller coaster ride, upswing seen in MCX

AHMEDABAD (Commodity Online): Mentha oil prices in Chandausi market traded positive on buying sentiments at current level. On MCX, contract traded positive. Since last few days, November future is moving drastically both sides. The ultimate direction for Mentha is upside in long run.

“Mentha may continue to gain till 1435 in near term technically,” said Anil Patadia, commodity analyst with Commodity Online.

November contract opened at 1341 on MCX and made high of 1359.2 during trading session.

“Intraday traders can buy Mentha as upside movement is expected to continue,” Patadia added.

To get in touch with the Analyst on this report or to get a free trial on trading advisories call 079-40275050 or mail to tips@commodityonline.com

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MCX WHEAT 01 January 2020 contract was trading at Rs 0 . What's your view on it?
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