Soyabean yesterday we have seen that market has moved -0.12%. Market has opened at 2087.5 & made a low of 2072.5 versus the day high of 2100. The total volume for the day was at 40750 lots and the open interest was at 162130.Support for soyabean is at 2070 below that could see a test of 2058. Resistance is now seen at 2098 above that could see a resistance of 2113.

Trading Ideas:

Soyabean trading range is 2058-2113.

Soybean ended down on poor physical demand and weakness in overseas markets

Resistance for the soyabean is at 2098 and support is at 2070 level

In Indore spot prices gained by 13 rupees to 2,072 rupees per 100 kg

Yesterday we have seen that open interest at 162130 and volume at 40750 lots.

SELL SOYABEAN MAR @ 2090 SL 2108 TGT 2076-2050-2035.NCDEX