Mentha oil September contract gained Rs 16.3 and settled at Rs 774.4 a kg tracking firm spot market. The contract made intraday low of Rs 755.3 a kg and high of Rs 777.5 a kg with the volume of 5597 and total open interest for the same contact was at 7008.Now support for the menthol is seen at 760.6 and below could see a test of 746.9. Resistance is now likely to be seen at 782.8, a move above could see prices testing 791.3.

Trading Ideas:

Mentha Oil trading range is 746.7-791.

Resistance for the mentha oil is at 779.20.

Support or mentha oil is seen at 768.80.

Mentha oil ended higher tracking firm spot market