Equity Trading Tips: Soyabean Trading Range For The Day Is 2828-2952

Soyabean trading range for the day is 2828-2952. Soyabean dropped on profit booking after prices seen supported tracking global cues amid strong China demand and concerns over supply. Prices were also supported by hope of higher demand for meal in coming month following increased demand in October month.

NCDEX accredited warehouses soyabean stocks gained by 2494 tonnes to 84248 tonnes. At the Indore spot market in top producer MP, soybean dropped -11 Rupees to 2809 Rupees per 100 kgs.

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