Last Updated :
October 21, 2011 12:10
NCDEX turmeric edges higher, support at Rs.5000-5100: Angel
Turmeric prices in the intraday may trade sideways to up due to improved buying by the market participants at the support levels.
However, sharp gains might be capped in Futures tracking bearishness in the spot market due to sufficient availability.
In the medium to long term (November to December) turmeric prices will take cues from the turmeric stocks at the domestic market and growth of the sown turmeric crop particularly in Nizamabad and Erode. Turmeric crop is in vegetative stage and is in good condition.
Turmeric NCDEX Nov support: 5000-5100 resistance: 5280-5330.
NCDEX SUGARM200JUN12 20 June 2012
contract was trading at
Rs 0 . What's your view on it?
