Mustardseed yesterday traded with the negative node and settled -0.14% down at 2938 on hopes of higher production. The total arrivals of mustard seed increased by 18000 bags from the previous day to 88000 bags in major mandies. In the Jaipur spot market in Rajasthan the price edged up by 1.25 rupee to 2795 rupees per 20 kgs.

In yesterday's trading session Mustardseed has touched the low of 2916 after opening at 2942, and finally settled at 2938. For today's session market is looking to take support at 2920.3, a break below could see a test of 2902.7 and where as resistance is now likely to be seen at 2951.3, a move above could see prices testing 2964.7.

Trading Ideas: Mustard Seed trading range is 2903-2965. Mustardseed ended down on hopes of higher production. Mustardseed looks to take support at 2921 and resistance at 2952. NCDEX accredited warehouses mustard seed stocks fell by 2108 tonnes to 75201 tonnes. In the Jaipur spot market in Rajasthan the price edged down by 0 rupee to 0 rupees per 20 kgs.