Soyabean yesterday we have seen that market has moved -0.35%. Market has opened at 2128.5 & made a low of 2111.5 versus the day high of 2140. The total volume for the day was at 61400 lots and the open interest was at 199650.Support for soyabean is at 2104 below that could see a test of 2094. Resistance is now seen at 2133 above that could see a resistance of 2151.

Trading Ideas:

Soyabean trading range is 2094-2151.

Soybean yesterday ended down on profit booking

Resistance for the soyabean is at 2133 and support is at 2104 level

In Indore spot prices of soyabean gained by 24 rupees to 2,120 rupees per 100 kg

US Soybean planted area for 2010/11 was pegged at 77.0 million this spring

BUY SOYABEAN MAR ABV 2122 SL 2100 TGT 2138-2150-2164.NCDEX