NCDEX Soyabean under fresh selling Support seen at 4110
India, Dec. 6 -- Technically Soyabean market is under fresh selling as market has witnessed gain in open interest by 2. 3% to settled at 154775 while prices down 6 rupees.Now NCDEX Soyabean is getting support at 4110 and below same could see a test of 4089 levels and resistance is now likely to be seen at 4148 a move above could see prices testing 4165.Soyabean on NCDEX settled down by 0.15% at 4130 as millers buying remained muted in the absence of any significant export demand for soymeal.India's export of soymeal is seen down this year because of disparity in prices due to costlier soybean.However lower soybean crop projection for the current year checked prices to decline. India's 2019-20 soybean output is seen nearly 18% down at 89.9 l...
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