Mustardseed yesterday traded with the negative node and settled -0.05% down at 570.4 due to lack of cues. The total arrivals of mustard seed increased by 8000 bags to 70000 bags in major mandies. In the Jaipur spot market in Rajasthan the price edged up by 0.25 rupee to 568.65 rupees per 20 kgs. In yesterday's trading session Mustardseed has touched the low of 567.1 after opening at 571, and finally settled at 570.4. For today's session market is looking to take support at 567.6, a break below could see a test of 564.9 and where as resistance is now likely to be seen at 572.6, a move above could see prices testing 574.9.

Trading Ideas:

Mustard Seed trading range is 564.9-574.9.

Mustardseed ended flat due to lack of cues

Mustardseed looks to take support at 567.6 and resistance at 573.

NCDEX accredited warehouses mustard seed stocks rose 411 tonnes to 112873 tonnes.

In the Jaipur spot market in Rajasthan the price edged up by 0.25 rupee to 568.65 rupees per 20 kgs.