Mentha Oil Updates
The below Mentha Oil updates are auto refreshed every 10 mins.
Today Mentha Oil Updates Trading Rules
Buy Signal: When all the mcx mentha oil short-term Exponential Moving Averages (EMA) crosses the long-term Exponential Moving Averages (EMA) from below, signals for a uptrend.
SELL Signal: When all the mcx mentha oil short-term Exponential Moving Averages (EMA) cross the long-term Exponential Moving Averages (EMA) from above, signals for a downtrend.
Trend Strength: Another application of Guppy multiple moving average system is to analyze the strength of the current trend in mentha oil. If the EMA lines of short term and long term moving averages are wide separated by a uniform distance then the trend in mentha oil is seen as stable. If there's no wide separation, then the prevailing trend is weak and vulnerable.
Additional Filter RSI (14) : [Increases Accuracy Level]
Buy opportunity is signaled in mentha oil when the RSI moves above 30 level after being below it .
Sell opportunity is signaled in mentha oil when then RSI drops below 70 after being above it.
Other Commodity Updates
Get today's latest updates of the 12 major commodities listed on the multi commodity exchange of India, CommodityQaunt research experts provide analysis for MCX Agri Commodities Mentha Oil with the help of our unique research tool Multiple Moving Averages dashboard powered with Guppy Moving Averages. These analysis are updated every 10 mins with automatic refresh of the charts, please check this blogspot page daily for real time live mentha oil updates.