MenthaOil Analysis weekly before looking into daily or intraday

MCX:MENTHAOIL1!   Mentha Oil Futures
Om Namah Shivay, where is Menta oil headed? By looking at recent movement, we were expecting a change in pattern, after 23-7-23 week. It is completing one pattern on that day. It can be treated as channel or a zone for correction in both time and price.

Before we go and trade for intraday, we need to see the big picture. Mentha oil has seen marvelous journey in its history where it has been currently seeing the bottom of its market sentiment.

Observe 969/1001 on weekly basis and observe on intraday.

This is for educational purposes only and it is a way of analysis before jumping in.

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