Soyabean ended up as overseas gains supported fresh buying. Soyabean yesterday we have seen that market has moved 1.27%. Market has opened at 2085 & made a low of 2083 versus the day high of 2119. The total volume for the day was at 55040 lots and the open interest was at 150750. Support for soyabean is at 2089 below that could see a test of 2068. Resistance is now seen at 2125 above that could see a resistance of 2140.

Trading Ideas:

Soyabean trading range is 2068-2140.

Soyabean ended up as overseas gains supported fresh buying

Resistance for the soyabean is at 2125 and support is at 2089 level

In Indore spot prices gained by 14 rupees to 2,086 rupees per 100 kg

Yesterday we have seen that open interest at 150750 and volume at 55040 lots.

SELL SOYABEAN MAR @ 2130-2135 SL 2152 TGT 2112-2097-2085.NCDEX