Mentha oil September contract gained Rs 12.1 and settled at Rs 799.8 a kg on good demand amid steady arrivals. The contract made intraday low of Rs 790.5 a kg and high of Rs 808.3 a kg with the volume of 5386 and total open interest for the same contact was at 6736.Now support for the menthol is seen at 790.8 and below could see a test of 781.7. Resistance is now likely to be seen at 808.6, a move above could see prices testing 817.3.

Trading Ideas:

Mentha Oil trading range is 781.7-817.

Resistance for the mentha oil is at 808.60.

Support or mentha oil is seen at 790.80.

Mentha oil ended higher Saturday on good demand