Monday, April 11, 2011
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Turmeric may fall on profit booking
Turmeric prices decreased due to profit booking and higher arrivals in spot market.
The arrivals at Erode in the state of Tamil Nadu were increased to 20,000 bags from 10,000 bags.
Reports of higher arrivals, higher stocks and low export demand continued to pressurize prices however.
SELL NCDEX TURMERIC (MAY) BELOW 9470 SL 9585 TGT 9290.
R1 9610 R2 9745 S1 9355 S2 9310.
Courtesy: Anagram Comtrade Limited
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