Barring occasional gains, the commodity has been witnessing selling pressure.

Around 11:30 am, MCX Mentha oil was at Rs 1,455.50 per kg, down by Rs 22.90, or 1.55 per cent.

Around 12:15 pm, MCX Mentha oil was at Rs 1446.10 per kg, up by Rs 6.10, or 0.42 per cent.

Buy Hexaware Technologies at a price target of Rs 377.8 and a stop loss at Rs 340.

"Mentha Oil prices fell owing to continued supply at the spot market amid the slump in demand," said Mustafa Nadeem, CEO, Epic Research.

Buy Allahabad Bank at a price target of Rs 59 and a stop loss at Rs 51.40.

Buy Ajanta Pharma at a price target of Rs 1,120 and a stop loss at Rs 1,000.

The index is likely to consolidate further unless it decisively breaks above the 10,660 level.

A close above the 10,400-410 level for Nifty50 index is a must for any material upside.

A number of bearish parameters have emerged on lower time frame charts.

The Nifty50 failed to break above the 9,950 level, indicating resistance at higher level.

Now, short-term weakness could continue towards 9,920 and 9,880 levels.

The positive closing in the previous 3 weeks was not strong enough to register a breakout.

Traders should look out for a close above 9,988, as it may push Nifty towards 10,080 level.

Any bounce beyond 9,947 on a closing basis shall instil more confidence among the bulls.

It has to continue to hold above 9,900 zone to see any bounce towards 9,950 & 10,000 levels.

D-St gasps when it sees a gem of a stock and appalled when it misses out on an underdog, just like fans gasp over the Ronaldos, Bales and O...