ended steady in a lower volume trade as dwindling stocks outweighed a likely rise in production this year due to a rise in

acreage. In Nizamabad spot market the price fell by 102 rupees to 10,621 rupees per 100 kg. Turmeric yesterday we have seen that market has moved -0.22%. Market has opened at 6960 & made a low of 6955 versus the day high of 7060. The total volume for the day was at 5700 lots and the open interest was at 10080.Support for turmeric is at 6950 below that could see a test of 6900. Resistance is now seen at 7055 above that could see a resistance of 7110.

Trading Ideas:

TURMERIC TRADING RANGE IS 6700-7350.

TURMERIC ENDED STEADY AS DWINDLING STOCKS OUTWEIGHED A LIKELY RISE IN PRODUCTION

WAIT FOR FRESH CALL AS MKT IS CONSILADITING

NOW IMP WILL BE THE 6900 MARK BELOW THIS LOOKS TILL 6800-6650.

IN NIZAMABAD SPOT MARKET THE PRICE FELL BY 101 RUPEES TO 10621.30 RUPEES PER 100 KG.