Ref Soyaoil yesterday traded with the positive node and settled 0.04% up at 653.5 due to firm on pick up in demand in the spot market, following the ongoing marriage season. At the Indore spot market soyoil edged up by 0.15 rupee to 640.5 rupees 10 kgs. In yesterday's trading session Ref Soyaoil has touched the low of 652.2 after opening at 654.1, and finally settled at 653.5.

For today's session market is looking to take support at 651.9, a break below could see a test of 650.3 and where as resistance is now likely to be seen at 655.4, a move above could see prices testing 657.2. Trading Ideas: Ref soyaoil trading range is 650.2-657.1. Ref Soyaoil ended positive due to firm on pick up in demand in the spot market. Ref Soya oil looks to take support at 651.70 level Ref Soya oil having resistance at 655.10 level At the Indore spot market soyoil edged up by 0.15 rupee to 640.5 rupees 10 kgs.