Ref Soyaoil prices ended down on poor buying support against increased selling. Ref Soyaoil yesterday traded with the negative node and settled -0.66% down at 446.2. In yesterday's trading session Ref Soyaoil has touched the low of 445.7 after opening at 449.5, and finally settled at 446.2. For today's session market is looking to take support at 444.6, a break below could see a test of 443 and where as resistance is now likely to be seen at 448.9, a move above could see prices testing 451.6.

Trading Ideas:

Ref soyaoil trading range is 443.2-451.8.

Ref Soyaoil prices ended down on poor buying support against increased selling

Support for ref soya oil is seen at 444.60 level

Ref soya oil looks to have a resistance at 448.90.

Ref soya oil spot price fell by 1.60 rupees and ended at 445.50 rupees.

SELL REF.SOYA APR @ 448 SL 450.20 TGT 445.50.MCX