Soyabean yesterday we have seen that market has moved -0.94% on higher stocks and revival of monsoon rains in central India, though lower-level buying limited the downside.
In the Indore spot market, soybean settled flat at 1896 rupees per 100 kg and soyoil was down 0.30 rupee to 439.10 rupees per 10 kg. Market has opened at 1921 & made a low of 1900 versus the day high of 1926.5.
The total volume for the day was at 30260 lots and the open interest was at 115590.Support for soyabean is at 1892 below that could see a test of 1883.
Resistance is now seen at 1918 above that could see a resistance of 1936.
