Soybean ended weak due to weakness in the physical market. At the Indore spot market soybean edged lower by 9 rupees to 1,948 rupees. Soyabean yesterday we have seen that market has moved -0.18%. Market has opened at 1959 & made a low of 1958 versus the day high of 1968. The total volume for the day was at 10580 lots and the open interest was at 130470.Support for soyabean is at 1957 below that could see a test of 1953. Resistance is now seen at 1967 above that could see a resistance of 1973.

Soyabean trading range is 1953-1973.

Soybean ended weak due to weakness in the physical market

Resistance for the soyabean is at 1973 and support is at 1953.

Yesterday we have seen that open interest fell by 660 and volume by 18530

In Indore spot prices dropped 9 rupees at 1,948 rupees per 100 kg

SOYABEAN STILL TRADING IN THE TIGHT RANGE 1950-1970.