Turmeric snapped a 10-day losing streak on short-covering near support levels, offsetting estimates of higher output and fresh arrivals. In Nizamabad spot market the price dropped by 97 rupees to 10,033 rupees. Turmeric yesterday we have seen that market has moved -1.38%. Market has opened at 6890 & made a low of 6775 versus the day high of 6917. The total volume for the day was at 6810 lots and the open interest was at 23290. Support for tmc is at 6744 below that could see a test of 6689. Resistance is now seen at 6886 above that could see a resistance of 6973.

Turmeric trading range is 6689-6973.

Turmeric reversed early gains to end lower as rising arrivals in spot offset low-level buying

Turmeric is having support at 6745 whereas resistance is at 6900.

In Nizamabad spot market prices gained by 6 and settled at 10,416 rupees

SELL TMC APR BELOW 6780 SL 6820 TGT 6735-6702-6640. NCDEX

Yesterday we have seen that open interest has rose by 710 lots and volume by 2510.