Mcx Mentha Oil Cardamom and Currency Reports: 14th August 2018

Weekly Currency Report for Exporters and Importers :14th August 2018     

MCX CARDAMOM AND MENTHAOIL TECHNICAL REPORT

Cardamom 14^th September 2018: (previous day close/CMP Rs.1235.00)

Support: 1134.70-1153.80-1183.80-1195.50

Resistance: 1233.10-1254.10-1293.90

o      Cardamom can rise to 1293.90 and 1500 in the short term as long as it trades over 1174.50.

o      Trend is bullish with 1154.10 as key intraday resistance.

Mentha Oil 31^st August 2018:  (previous day close/CMP Rs.1693.00)

Support: 1518.60-1557.60-1619.20-1642.20

Resistance: 1719.30-1762.60-1844

o      Mentha oil can rise to 1844 by Friday as long as it trades over 1642.90.

o      Trend is bullish.