Mustardseed yesterday traded with the negative node and settled -1.18% down at 2839 driven by weak spot market cues.The total arrivals of old mustard seed decreased by3000 bags from the previous day to 65000 bags while the fresh arrivals were increased by 80000 bags to 1.85 lakh bags in major mandies. In the Sriganganagar spot market in Rajasthan the price edged down by -27.5 rupee to 2745 rupees per 20 kgs. In yesterday's trading session Mustardseed has touched the low of 2827 after opening at 2873, and finally settled at 2839. For today's session market is looking to take support at 2819.7, a break below could see a test of 2800.3 and where as resistance is now likely to be seen at 2865.7, a move above could see prices testing 2892.3.

Trading Ideas:

Mustard Seed trading range is 2801-2893.

Mustardseed settled down driven by weak spot market cues

Mustardseed looks to take support at 2825 and resistance at 2854

The total arrivals of old mustard seed decreased by3000 bags from the previous day to 65000 bags

In the Sriganganagar spot market in Rajasthan the price edged down by -27.5 rupee to 2745 rupees per 20 kgs.