India, Sept. 14 -- Technically Mustard Seed market is under fresh buying as market has witnessed gain in open interest by 3. 7% to settled at 30540 while prices up 38 rupees.
Now NCDEX Mustard Seed is getting support at 5344 and below same could see a test of 5305 levels and resistance is now likely to be seen at 5410 a move above could see prices testing 5437.
Mustard Seed yesterday settled up by 0.71% at 5384 as support seen due to low crop estimates festival and seasonal demand and increased prices by Nafed are strong factors.
It is estimated that the mustard oil consumption in the domestic market has increased by 12% to 15% this year as mustard oil is considered as immunity booster in the fight against corona infection.
However the ...