Turmeric yesterday we have seen that market has moved 2.18% on good demand in the spot and overseas inquiries. Overseas demand is gaining pace. In Nizamabad spot market, turmeric gained 58 rupees to end at 15,653 rupees. Market has opened at 14770 & made a low of 14732 versus the day high of 15218.

The total volume for the day was at 10970 lots and the open interest was at 8565. Support for turmeric is at 14811 below that could see a test of 14529. Resistance is now seen at 15297 above that could see a resistance of 15501. Trading Ideas: Turmeric trading range is 14529-15501.

Turmeric ended positive on good demand in the spot and overseas inquiries Turmeric looks to have resistance at 15210 and support is at 15000. NCDEX accredited warehouses turmeric stocks rose by 469 tonnes to 2961 tonnes. RISKY TRADER BUY TMC AUG ABV 15120 SL 15000 TGT 15180-15240-15360. NCDEX In Nizamabad spot prices gained 58 rupees and settled 15653 rupees per 100 kg