MCX Mentha oil can bounce here. It can retest the 960 . The intraday & short-term investors should enter around the support trendline for the targets of 926 - 936 - 958 . Further information I will update you soon.
MCX Mentha oil can try to collapse up to the support line before hitting the following targets: 986 - 1000 - 1020 Attention: don't buy below the support trendline. This MCX Mentha oil research is based on the Feb 24 article. Click the below link to read it:
MCX Mentha Oil Overall Outlook Is ‘Strongly Bullish’ How many of you bought Mentha oil after reading this report? Mentha oil made a high of 964.9 yesterday, and the first target has come. Approx. Profit /L = Rs.15,000+ The short-term investors can book profit here. As I mentioned in the above chart, it's MA crossover time. It may move sideways. Overall,...
First, wait for a clear Ascending triangle form. Right now, MCX Mentha oil at the support trendline (rising lower trendline). It will try to hit 964 - 986 - 1000 - 1020 levels from here. Intraday traders can go with the current trend. But don't buy below the support trendline.