Turmeric yesterday we have seen that market has moved -0.62%  on profit-booking after rising nearly 5 percent in six trading sessions and on hopes of revival in monsoon, which may boost sowing. In Nizamabad, a major spot market in Andhra Pradesh, turmeric was up 110 rupees to 15,085 rupees per 100 kg. Market has opened at 14710 & made a low of 14624 versus the day high of 14822. The total volume for the day was at 2140 lots and the open interest was at 6875.Support for turmeric is at 14597 below that could see a test of 14511. Resistance is now seen at 14795 above that could see a resistance of 14907.

Trading Ideas:

Turmeric trading range is 14516-14912.

Turmeric ended down on profit-booking after rising nearly 5 percent

Turmeric looks to have resistance at 14800 and support is at 14600.

NCDEX accredited warehouses turmeric stocks rose by 30 tonnes to 2282 tonnes.

In Nizamabad spot prices gained 110 rupees and settled 15085 rupees per 100 kg