Ref Soyaoil yesterday traded with the positive node and settled 0.32% up at 573.8 tracking the good global cues. Fresh buying is being witnessed at the domestic front and also there is good demand for soya meal export. At the Indore spot market soyoil edged up by 2.35 rupee to 562.4 rupees 10 kgs. In yesterday's trading session Ref Soyaoil has touched the low of 572.6 after opening at 575, and finally settled at 573.8. For today's session market is looking to take support at 571.8, a break below could see a test of 569.9 and where as resistance is now likely to be seen at 576.5, a move above could see prices testing 579.3.

Ref soyaoil trading range is 569.7-579.1.

Ref Soyaoil ended positive tracking the good global cues

Support for ref soya oil is seen at 571.80 level Ref Soy oil looks to have a resistance at 576.50 level. At the Indore spot market soyoil edged up by 2.35 rupee to 562.4 rupees 10 kgs.