Buy MCX Mentha oil Aug ; target of Rs 945/957: Way2Wealth

Way2Wealth has recommended to buy MCX Mentha oil August around Rs 925 with a stop loss of Rs 913 for the target price of Rs 945/957, in its research report dated Aug 11, 2015.

August 11, 2015 / 14:30 IST

Way2Wealth's report on Mentha oil
MCX Aug Mentha oil; a strong bull close followed by a “bullish engulfing” on daily charts as well as an “inverse H & S” on intraday charts renders that the uptrend has intact. Further rally can be seen towards 23.6% Fibonacci level of 957 levels, where as support lies at 925 levels.

Action : BUYEntry : Around 925Target : 945/957Stop : 913

For all commodities report, click here

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first published: Aug 11, 2015 02:30 pm

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