Monday, 7 November 2016

Mentha oil futures down 0.58% on slide in demand : 07 Nov 2016



Mentha oil futures were trading lower during the morning trade in the domestic market on Monday as participants remained on the sidelines in the agri-commodity amid fall in physical demand for mentha oil from major consuming industries in the domestic spot market.
Further, trimming of positions by traders in the spot market was due to slide in demand for mentha oil from consuming industries at the domestic spot market against sufficient stocks position on higher supplies from producing regions, influenced mentha oil prices at futures trade.
At the MCX, mentha oil futures for November 2016 contract were trading at Rs 961 per kg, down by 0.58 per cent after opening at Rs 960.20, against the previous closing price of Rs 966.60. It touched the intra-day low of Rs 955.10

About

Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.

0 comments:

Dear Friends,
Sorry to say that you are suffered for the chart initially available, now they are restored and you can very well see the chart on money99.org similar to money99.in.
And all of you are intimated that we are going to develop more and more in money99.org to facilitate your dreamy demands.

Latest updates tips : Follow

© Copyright 2015 Money99. Designed by Parag Patil