April 18, 2011

Commodity MCX Mentha Report and Tips 18 April

The Commodity Prices of Mentha oil showed hike because of high speculation and short covering in commodity market and for mentha oil their is possibilities of higher production this year and it could have more bearish impact on the prices in the short term‐as per traders.

The commodity market showing additional 10% margin on long side pressurizes to prices.

MCX Commodity Mentha Oil (APRIL) Sell below 1040 SL 1045 TGT 1025 R1 1055 R2 1085 S1 1000 S2 985. 

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