Mentha oil June contract gained Rs 29.8 and settled at Rs 775.6 a kg on robust buying. Fresh mentha crop will gather momentum within next few days. The contract made intraday low of Rs 752 a kg and high of Rs
775.6 a kg with the volume of 2631 and total open interest for the same contact was at 2771.

Now support for the menthol is seen at 759.9 and below could see a test of 744.1. Resistance is now likely to be seen at 783.5, a move above could see prices testing 791.3. Trading Ideas: Menthol Oil trading range is 744.1-791. Mentha oil spot is at 815/-. Spot is Up by 35rs. Resistance for the mentha oil is at 781.60 Support for mentha oil is at 779.20. Mentha oil hits upper circuit for second consecutive day on robust buying SELL MENTHOL JUNE BELOW 770 SL 778 TGT 765-761.50-756. MCX