Mustardseed yesterday traded with the positive node and settled 0.98% up at 567.15 amid a firm undertone in the edible oils and oilseeds complex. In the Jaipur spot market in Rajasthan the price edged up by 2.4 rupee to 572.65 rupees per 20 kgs. In yesterday's trading session Mustardseed has touched the low of 562.5 after opening at 563.1, and finally settled at 567.15. For today's session market is looking to take support at 563.5, a break below could see a test of 559.9 and where as resistance is now likely to be seen at 569.8, a move above could see prices testing 572.5.

Trading Ideas:

Mustard Seed trading range is 559.9-572.5.

Mustardseed ended positive amid a firm undertone in oilseed counters

Mustardseed looks to take support at 563.50 and resistance at 570.

NCDEX accredited warehouses mustard seed stocks fell 2453 tonnes to 111124 tonnes.

In the Jaipur spot market in Rajasthan the price edged up by 2.4 rupee to 572.65 rupees per 20 kgs.