NCDEX Mustard Seed under long liquidation Support seen at 4663
India, July 10 -- Technically Mustard Seed market is under long liquidation as market has witnessed drop in open interest by 8. 28% to settled at 8200 while prices down 66 rupees.Now NCDEX Mustard Seed is getting support at 4663 and below same could see a test of 4632 levels and resistance is now likely to be seen at 4750 a move above could see prices testing 4806.Mustard Seed yesterday settled down by 1.39% at 4695 on profit booking after prices gained as farmers sold their stock at the government procurement centres lowering supply in spot markets. In recent session prices gained because of lower-than-expected supply of fresh crop in spot markets following restrictions due to coronavirus scare in the country.Mustard seed prices drew addit...
To read the full article or to get the complete feed from this publication, please
Contact Us.