Menthol yesterday rebounded from the key support of 618 level some buying has been witnessed in the spot market which has supported the buying sentimental in the spot where spot prices had jump by 8-10rs . March contract gained Rs 6 and settled at Rs 627.2 a kg. some buying enquiry had been seen in the spot market from the international market as a summer demand and likely to hold the market in coming session if prices hold above 630 level. The contract made intraday low of Rs 619.2 a kg and high of Rs 629.5 a kg with the volume of 1842 and total open interest for the same contact was at 2409.Now support for the menthol is seen at 621.1 and below could see a test of 615. Resistance is now likely to be seen at 631.4, a move above could see prices testing 635.6.

Menthol Oil trading range is 615-636.

Mentha oil spot is at 680/-.Spot market is up by Rs 7/-.

Resistance for the mentha oil is 631.40

Menthe oil is getting support at 621.10.

Mentha oil yesterday settled positive as told above 620 looks firm

RISKY BUY MENTHOL APR @ 633-634 SL 630 TGT 636-639-640.80.MCX