Ref Soyaoil yesterday traded with the negative node and settled -1.23% down at 651.2 on profit-taking amid weakness in spot market. At the Indore spot market soyoil edged down by -4.9 rupee to 643.1 rupees 10 kgs. In yesterday's trading session Ref Soyaoil has touched the low of 649 after opening at 661, and finally settled at 651.2. For today's session market is looking to take support at 645.8, a break below could see a test of 640.3 and where as resistance is now likely to be seen at 659.9, a move above could see prices testing 668.6.

Trading Ideas:

Ref soyaoil trading range is 640.6-668.9.

Ref Soyaoil yesterday traded with the negative node amid weakness in spot market.

Ref Soya oil looks to take support at 645.80 level

Ref Soya oil having resistance at 659.50 level

REF.SOYA TREND IS DIZZY WILL WAIT FOR FRESH ENTRY.

At the Indore spot market soyoil edged down  by -4.9 rupee to 643.1 rupees 10 kgs.