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Buy pepper, jeera and mentha oil at decline of percent during the day, says Nirmal Bang.
Nirmal Bang's daily agro commodities reportSpices complex remained in focus yesterday with Jeera, Turmeric, Cardamom and Mentha oil remained in focus and Pepper remained subdued and under pressure
Nirmal Bang has come out with its report on Agro commodities. The research firm recommend buying pepper and jeera at decline of 1-1.5% and upside in cardamom likely to get capped. Mentha oil we
continue to remain volatile yesterday we have seen some amount of profit taking in pepper and jeera. Cardamom and mentha oil continues to trade firm. Fundamental Outlook : We recommend to buy turmeric
Buy Mentha Oil at a decline of 1%, says Nirmal Bang's report.
The monsoon concerns had been supportive for Mentha oil. The demand had been on the higher side. The exports were expected to pick up in the coming two weeks. Commodities Editor of CNBC-TV18, Manisha
Hem Securities has recommended to sell Mentha Oil MCX May Future at Rs 542 with a stoploss of Rs 548 and target of Rs 533.
Hem Securities has recommended to sell Mentha Oil MCX 1st Month Future at Rs 580 with a stoploss of Rs 591 and a target of Rs 564.
24-01-2009| Source:Business Line
The Forward Markets Commission has introduced an early delivery system on experimental basis in pepper, rubber and mentha oil, which the traders claim is unlikely to serve the desired purpose
According to Sharekhan's commodity report, the corrective move in mentha oil started since it made a high of 776. Going forward 580 would act as a immediate resistance for the commodity