03:46
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CS TURMERIC (OCT.) OVERVIEW:
The turmeric trade is in a tizzy, unable to fathom the reason for not receiving the muchexpected orders from North India. Lack of orders kept prices down. Indian turmeric futures fell on expectations of higher output, conducive weather for the sown crop and on mounting stocks from the old crop.
TREND BEARISH
SUP1:4986,
SUP2:4946,
RESIST1:5190,
RESIST2:5300,
TRADING STRATEGY: SELL ON RISE.
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The turmeric trade is in a tizzy, unable to fathom the reason for not receiving the muchexpected orders from North India. Lack of orders kept prices down. Indian turmeric futures fell on expectations of higher output, conducive weather for the sown crop and on mounting stocks from the old crop.
TREND BEARISH
SUP1:4986,
SUP2:4946,
RESIST1:5190,
RESIST2:5300,
TRADING STRATEGY: SELL ON RISE.
stock tips
commodity tips
equity tips
Get free trial
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