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MCX Mentha Oil likely to move in a range of 957-970.4 Technically Mentha Oil market is under fresh buying as market has witnessed gain in open interest by 2.9% to settled at 142 while prices up 4 rup
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MCX which is Multi Commodity Exchange is trading above all time high of 1600. The previous all time resistance of 1600 was broken and currently it is trading at 1636 levels. We can buy this stock at these levels and wait, keep a stop loss of 1460. We are looking at weekly chart so our investment horizon will be for 3 months to 12 months.
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