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Turmeric yesterday we have seen that market has moved 4% on the concerns of unseasonal rains affecting the yields of the produce amidst declining stocks and strong local demand. These rains are not good for the crop. Yields may get hit due to these untimely rains. In Nizamabad, a major spot market in AP, the price ended at 15761.1 rupees gained by 166.35 rupees. Market has opened at 14068 & made a low of 14068 versus the day high of 14344. The total volume for the day was at 3625 lots and the open interest was at 4715.Support for turmeric is at 14160 below that could see a test of 13976. Resistance is now seen at 14436 above that could see a resistance of 14528.

Stock market analyst Parsh Zaveri of Zaveri Investments has maintained 'buy' rating on Areva T&D Ltd stock with a target of Rs 320.

According to analyst, the stock can be purchased with a stop loss of Rs 293.

Mr. Parsh also said that the said target can be achieved with in 4-5 trading sessions.

Today, the stock of the company opened at Rs 303.30 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 331.45 and a low of Rs 235.10 on BSE.

Current EPS & P/E ratio stood at 6.77 and 44.26 respectively.

Chana ended flat recovering from losses on the back of good local demand as the marriage season has kept trend firm for chana in the spot and the futures market despite the rise in arrivals and  the near term trend are expected to remain firm. Demand is good in the physical market. India has raised minimum support price (MSP) of chana by 19.3 percent to 2,100 rupees per 100 kg. In Delhi spot market, chana jump up by 16.1 rupee to end at 2497.85 rupee per 100 kgs. The volume was noted at 71850 lots. Support for chana is at 2476 below that could see a test of 2460. Resistance is now seen at 2508 above that could see a resistance of 2524.

Trading Ideas:

Technical analyst Imtiaz Qureishi is bullish on Dish TV India Limited and has recommended 'buy' rating on the stock with a target of Rs 81.

According to analyst, the stock can be purchased with a stop loss of Rs 67.

Mr. Qureishi also said that the investors can achieve the said target within 2-3 trading sessions.

The stock of the company, on Nov 23, closed at Rs 70.05 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 71.65 and a low of Rs 35.75 on BSE.

Current EPS is -2.30.

Soyabean yesterday we have seen that market has moved -0.37% in the absence of any fresh cue. An improvement in spot demand due to rising meal exports limited the downside. At the Indore spot market in top producer MP, soybean gained 1 Rs to 2212Re 100 kgs. Market has opened at 2275 & made a low of 2240 versus the day high of 2293. The total volume for the day was at 161920 lots and the open interest was at 180400.Support for soyabean is at 2239 below that could see a test of 2213. Resistance is now seen at 2292 above that could see a resistance of 2319.

Trading Ideas:

Soyabean trading range is 2213-2319.

Mentha oil November contract dropped Rs 34.7 and settled at Rs 1196 a kg as demand rem