MCX - Mentha Oil Trading Outlook and Tips 3 August

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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NCDEX TIPS ~ Chana, Soybean, Kapas, Mentha Oil Trend

NCDEX Chana Trend :- Chana prices are expected to remain sideways as demand from the local stockiest may support the upside, while fears that government might step up to curb rising prices may restrict sharp gains.

KAPAS TREND :- As on Tuesday 24th April 2012 KAPAS1 closed @ 754.10 and we RECOMMEND Sell for LONG-TERM with STOPLOSS of 780.34 and Strong Sell for SHORT-TERM with STOPLOSS of 805.55 and we also expect commodity to react on Following IMPORTANT LEVELS Today :-

Resistance 2	771.43
Resistance 1	764.29
Pivote	756.4
Support 1	743.91
Support 2	736.77

FOR MORE COMMODITIES TREND,FILL THE FORM---->>

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