Mustardseed yesterday traded with the negative node and settled -0.49% down at 2850 as expectations of a rise in output hit sentiment. Higher production estimate is not allowing rapeseed to rise. The total arrivals of mustard seed remained unchanged from the previous day at 70000 bags in major mandies. In the Jaipur spot market in Rajasthan the price edged down by -2.6 rupee to 566.8 rupees per 20 kgs. In yesterday's trading session Mustardseed has touched the low of 2837 after opening at 2873, and finally settled at 2850. For today's session market is looking to take support at 2827, a break below could see a test of 2804 and where as resistance is now likely to be seen at 2883, a move above could see prices testing 2916.

Trading Ideas: Mustard Seed trading range is 2803.7-2915.7.

Mustardseed ended weak as expectations of a rise in output hit sentiment.

Mustardseed looks to take support at 2827 and resistance at 2883.

NCDEX accredited warehouses mustard seed stocks fell 13 tonnes to 89421 tonnes.

SELL RMSEED FEB @ 2864 SL 2872 TGT 2856-2852-2846.NCDEX In the Jaipur spot market in Rajasthan the price edged down by -2.6 rupee to 566.8 rupees per 20 kgs.