Turmeric yesterday we have seen that market has moved 0.79% tracking bullish cues from the spot market, where demand was good, and on some overseas inquiries. Turmeric arrivals at the Nizamabad physical market rose 9.4 percent to 46,682 tonnes in first six months of 2010 on an estimated rise in output. In Nizamabad spot market, turmeric gained 77 rupees to end at 15,595 rupees. Market has opened at 14720 & made a low of 14700 versus the day high of 14818. The total volume for the day was at 6105 lots and the open interest was at 8035.Support for turmeric is at 14727 below that could see a test of 14655. Resistance is now seen at 14845 above that could see a resistance of 14891.

Turmeric trading range is 14655-14891.

Turmeric ended higher tracking bullish cues from the spot market

Turmeric looks to have resistance at 14810 and support is at 14620.

NCDEX accredited warehouses turmeric stocks rose by 80 tonnes to 2492 tonnes.

In Nizamabad spot prices gained 77 rupees and settled 15595 rupees per 100 kg