Soyabean yesterday we have seen that market has moved -1.14% on lower demand and ballooning stocks. At the Indore spot market in top producer Madhya Pradesh, soybean was down 5 rupees to 1,982 rupees
100 kg. Market has opened at 1976.5 & made a low of 1949 versus the day high of 1976.5.

The total volume for the day was at 35270 lots and the open interest was at 141660. Support for soyabean is at 1944 below that could see a test of 1933. Resistance is now seen at 1972 above that could see a resistance of 1988. Trading Ideas: Soyabean trading range is 1933-1988.

Soyabean yesterday moved on lower demand and ballooning stocks Resistance for the soyabean is at 1944 and support is at 1972. Yesterday we have seen that open interest by fell 1990 and volume rose by
19480 In Indore spot prices fell 10 rupees to end at 1,977 rupees per 100 kg SELL SOYABEAN JULY @ 1960 SL 1978 TGT 1940.NCD