MCX NCDEX trading tips today 3 august will discuss a special trading outlook on mentha oil. Mentha oil trend, mentha oil view, trading strategies -
Strategy: Mentha oil August MCX
1. Buy 1 lot of MCX Mentha oil August Futures around 1383
2. In the event of adverse movement, exit below 1320 (loss of Rs.22,680)
3. First Target of 1460 and above that 1486 (profit of Rs.27,720- Rs.37,080)
4. Time frame: 1 month
5. Risk Reward Ratio: ~ 1: 1.6(22,680 / Rs.37,080)
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