Turmeric fell more than 3 percent on profit-taking, after prices hit the upper circuit in the last session, and weighed by mounting arrivals. In Nizamabad, a major spot market in Andhra Pradesh, the fell by 42 rupees to 11653 rupees per 100 kg. Turmeric yesterday we have seen that market has moved -3.52%. Market has opened at 11850 & made a low of 11225 versus the day high of 11870. The total volume for the day was at 7440 lots and the open interest was at 5410.Support for turmeric is at 11029 below that could see a test of 10805. Resistance is now seen at 11674 above that could see a resistance of 12095.

Trading Ideas:

Turmeric trading range is 10805-12095.

Turmeric fell more than 3 percent on profit-taking

Resistance for turmeric is at 11360 and support is at 11200 level.

Yesterday we have seen that open interest fell by -850 and volume rose by 2280

In Nizamabad turmeric spot prices fell by 42 rupees to 11653 rupees per 100 kg

TURMERIC HOLDING IMP SUPPORT AT 11180 A BREAK BELOW WILL FIND SUPPORT AT 10960 LEVEL.