NCDEX WEEKLY TREND (15 October to 20 October)
NCDEX Turmeric Weekly Trend :- Turmeric prices may trade in a rangebound manner this week. Demand is expected to emerge ahead of the festive season in the coming days. Lower arrivals in the domestic markets may also support prices at lower levels. Traders expect export demand to emerge in the coming days. However, good carryover stocks with the stockists may pressurize prices.
Weekly Strategy :- NCDEX Nov Turmeric Trend Sideways. S2- 5300, S1- 5380, R1- 5570, R2- 5700
NCDEX Turmeric Weekly Trend :- Turmeric prices may trade in a rangebound manner this week. Demand is expected to emerge ahead of the festive season in the coming days. Lower arrivals in the domestic markets may also support prices at lower levels. Traders expect export demand to emerge in the coming days. However, good carryover stocks with the stockists may pressurize prices.
Weekly Strategy :- NCDEX Nov Turmeric Trend Sideways. S2- 5300, S1- 5380, R1- 5570, R2- 5700
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