October 19, 2017

MTECHTIPS

MTECHTIPS:Mentha Oil prices can touch Rs 1400-1416

Mtechtips has come out with its report on Mentha Oil. The research firm expect the rally to continue in Mentha Oil up to the crucial resistances placed at Rs1,400 and Rs1,416. Traders can trail their stop loss at the swing low of Rs1,304.We can observe that Mentha oil after giving a break out of the triangle has given a run up sharply and is nearing its crucial resistances placed at Rs1,400 and Rs1,416. The momentum indicators have a positive crossover and we expect the rally to continue up to the crucial resistances placed at Rs1,400 and Rs1,416. Traders can trail their stop loss at the swing low of Rs1,304.

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