Turmeric declined on profit-taking by the traders after prices rose more than 36 percent in the last six weeks. In Nizamabad, a major spot market in Andhra Pradesh, the price dropped 25 rupees to end at 14,805 rupees. Turmeric yesterday we have seen that market has moved -3.71%. Market has opened at 14890 & made a low of 14260 versus the day high of 14890. The total volume for the day was at 10380 lots and the open interest was at 10680.Support for turmeric is at 14050 below that could see a test of 13840. Resistance is now seen at 14680 above that could see a resistance of 15100.

Turmeric trading range is 13840-15100.

Turmeric declined on profit-taking by the traders

Turmeric looks to have resistance at 14340 and support is at 14170.

Yesterday we have seen that open interest fell by 690 and volume rose by 1730

TMC TRADING BELOW  KEY RESISTANCE 14600 LOOK TO HOLD SUPPORT AT 14000 LEVEL.

In Nizamabad spot prices fell 25 rupees and settled at 14805 rupees per 100 kg.