Turmeric to trade in 6930-7450 range: Achiievers Equities

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According to Achiievers Equities, Turmeric prices gained on expectations of rise in demand due to tight supply position.

Achiievers Equities report on Turmeric

Turmeric

Turmeric trading range for the day is 6930-7450.

Turmeric prices gained on expectations of rise in demand due to tight supply position.

A likely rise in output with acreage increasing in major producing regions Andhra Pradesh, Tamil Nadu, Telangana and Maharashtra limited the upside.

NCDEX accredited warehouses turmeric stocks dropped by 145 tonnes to 2504 tonnes.

BUY TURMERIC DEC @ 7150 SL 7000 TGT 7350-7480.NCDEX.

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