Sharekhan commodity research expects mentha oil remains in demand among bulls. The research firm expects mentha oil to trade positive till Rs 1,037, which is the previous swing high. Traders can trail their stop loss at Rs 972.
Ram Pitre of ITI feels that the oil market has found equilibrium right now trading in the range between USD 100.68-105.45 per barrel in international market. He thinks that either side break will give a clear trend.