NCDEX Mustard Seed under fresh selling Resistance seen at 4338
India, Jan. 20 -- Technically Mustard Seed market is under fresh selling as market has witnessed gain in open interest by 7. 36% to settled at 11090 while prices down 11 rupees.Now NCDEX Mustard Seed is getting support at 4273 and below same could see a test of 4236 level and resistance is now likely to be seen at 4338 a move above could see prices testing 4366.Mustard Seed on NCDEX settled down 0.25% at 4309 on profit booking after support seen amid delay in harvesting of Kharif season crop along due to untimely rainfall in majority producing states have deferred the sowing operations.There is a drop-in sowing of Mustard seed to 68.12 lakh hectares lower by 0.80 lakh hac. against 68.88 lakh hectares in last year. Mustard seed crushing by m...
To read the full article or to get the complete feed from this publication, please
Contact Us.