Turmeric yesterday ended higher at lower level buying near support levels, offsetting estimates of higher output and fresh arrivals. Turmeric yesterday we have seen that market has moved 0.74%. Market has opened at 6775 & made a low of 6701 versus the day high of 6861. The total volume for the day was at 7230 lots and the open interest was at 20720.Support for turmeric is at 6730 below that could see a test of 6636. Resistance is now seen at 6890 above that could see a resistance of 6956.

Trading Ideas:

Turmeric trading range is 6600-7000.

Turmeric yesterday ended higher at lower level buying

Resistance for turmeric is at 6890 and support 6730 level.

Spread between zinc APR & MAY contracts yesterday ended at 75

Yesterday we have seen that volume has fell by 1160 lots.

 BUY TURMERIC APR @ 6700 SL 6610 TGT 6735-6770-6830.NCDEX