NCDEX Soybean futures opened the on negative note extending its
yesterday’s gains on short covering Traders and investors were on
buying spree in anticipation of announcement of import duty hike in
the budget.
The Soybean futures are forecast to trade on a negative note during
the day on emergence of selling pressure Commencement of harvesting
of rabi Oil seeds will pressurize the entire Oil seeds complex
including soybean. Sell on high is recommended for the today’s
trading session.
@ Buy NCDEX Soyabean April Around 3,700 Targets 3,850 Stop loss 3611
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