NCDEX Ref. Soya Oil under fresh buying Resistance seen at 892

India, Sept. 11 -- Technically Ref. Soya Oil market is under fresh buying as market has witnessed gain in open interest by 4.32% to settled at 26415 while prices up 6.5 rupees.

Now NCDEX Ref. Soya Oil is getting support at 881 and below same could see a test of 874 levels and resistance is now likely to be seen at 892 a move above could see prices testing 896.

Ref. Soya Oil yesterday settled up by 0.74% at 888.1 as support seen India sees sharp rise in edible oil exports at 80765 tonnes for 2019-20 due to the refilling of depleted stocks. India's imports of edible oil in June were up 8% year on year due to the refilling of depleted stocks.

In a major boost for India s oilseed sector the country has recorded a sharp jump nearly 54 per cen...