Commodity Trading Tips for Mustard Seed by KediaCommodity

Mustard SeedMustardseed yesterday traded with the positive node and settled 0.41% up at 2703 due to short covering. The total arrivals of mustard seed increased by 36000 bags from the previous to 3.51 lakh bags in major mandies. In the Sriganganagar spot market in Rajasthan the price edged down by -87.5 rupee to 2612.5 rupees per 20 kgs. In yesterday's trading session Mustardseed has touched the low of 2665 after opening at 2682, and finally settled at 2703. For today's session market is looking to take support at 2666, a break below could see a test of 2629 and where as resistance is now likely to be seen at 2739, a move above could see prices testing 2775.

Trading Ideas:

Mustard Seed trading range is 2628.7-2774.7.

Mustardseed yesterday traded with the positive node due to short covering

Mustardseed looks to take support at 2666 and resistance at 2739.

The total arrivals of mustard seed increased by 36000 bags from the previous to 3.51 lakh bags in major mandies.

In the Sriganganagar spot market in Rajasthan the price edged down by -87.5 rupee to 2612.5 rupees per 20 kgs.

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Anil ManghnaniRajat BoseVijay BhambwaniAmbareesh BaligaPrakash GabaSudarshan SukhaniAshwani GujralAshu Madan



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