Turmeric ended down Saturday on fresh arrivals, higher output hopes and a drop in November exports. Arrival pressure is building in the physical market.  Arrivals from new crop have started in few places in Andhra Pradesh. Turmeric yesterday we have seen that market has moved -1.22%. Market has opened at 7616 & made a low of 7450 versus the day high of 7715. The total volume for the day was at 11830 lots and the open interest was at 18420.Support for turmeric is at 7379 below that could see a test of 7282. Resistance is now seen at 7644 above that could see a resistance of 7812.

Trading Ideas:

Turmeric trading range is 7200-7700.

Turmeric ended down Saturday on fresh arrivals and higher output hopes

Turmeric is having support at 7380 and resistance at 7540 level.

In Nizamabad spot prices settled at 10532 rupees per 100 kg

SELL TURMERIC APR @ 7500 SL 7562 TGT 7475-7430-7390.NCDEX