Menthol oil yesterday traded mixed to positive tone initially in the morning session we have seen market has dipped to the day’s low at 752.60 on profit booking and liquidation in the long position but as the day processed again market picked up on the concern over the stocks positions, followed by the arrivals in the local market influenced the mentha prices.

In yesterday's trading session menthol oil has touched the low of 752.6 after opening at 761.1, and finally settled at 777.5. For today's session market is looking to take support at 760.2, a break below could see a test of 743 and whereas resistance is now likely to be seen at 787.1, a move above could see prices testing
796.8.        

Trading Ideas:

Mentha Oil trading range is 736.1-790.

Mentha oil spot is at 857/-.Spot is up by Rs.27/-.

Resistance for the mentha oil is at 787.

Support or mentha oil is seen at 760.

Mentha oil yesterday ended Higher as speculators made postions

MENTHOL WAIT FOR FRESH POSITION CORRECTION IS DUE.