Ref Soyaoil yesterday traded with the negative node and settled -0.43% down at 652.25.

At the Indore spot market soyoil edged up by 0.05 rupee to 640.55 rupees 10 kgs. In yesterday's trading session Ref Soyaoil has touched the low of 651.7 after opening at 655, and finally settled at 652.25. For today's session market is looking to take support at 650.5, a break below could see a test of 648.8 and where as resistance is now likely to be seen at 655.2, a move above could see prices testing 658.2.

Trading Ideas:

Ref soyaoil trading range is 648.8-658.2.

Ref Soyaoil yesterday traded with the negative node and settled -0.34% down

Ref Soya oil looks to take support at 650.90 level

Ref Soya oil having resistance at 655.60 level

BUY REF. SOYA FEB ABV 653 SL 651 TGT 655-658.50-660.40. NCDEX

At the Indore spot market soyoil edged up by 0.05 rupee to 640.55 rupees 10 kgs.