Turmeric ended up as short-covering supported prices but prices are likely to be weighed by  rising arrivals and sluggish demand t. Low carryforward stocks also supported sentiment but the trend overall is weak. Prices in the coming sessions will fall on sluggish exports, rising arrivals and dull domestic enquiries. Turmeric yesterday we have seen that market has moved 3.88%. Market has opened at 7616 & made a low of 7582 versus the day high of 7890. The total volume for the day was at 20840 lots and the open interest was at 29640.Support for turmeric is at 7678 below that could see a test of 7476. Resistance is now seen at 7986 above that could see a resistance of 8092.

Trading Ideas:

Turmeric trading range is 7479-8095.

Turmeric ended up as short-covering which supported prices

Low carryforward stocks also supported sentiment

Resistance for turmeric is at 7960 and support is at 7810 level.

Overall market look firm but some profit booking can be seen in coming session.

Yesterday we have seen that open interest at 29640 and volume at 20840 lots.