Technically Mentha oil market is under short covering as the market has witnessed a drop in open interest by 6.78% to settle at 811 while prices up 18 rupees.
Now MCX Mentha Oil is getting support at 1350.6 and below same could see a test of 1330.9 levels and resistance is now likely to be seen at 1393.4, a move above could see prices testing 1416.5.
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