Turmeric to trade in 7262-7554 range: Achiievers Equities

Achiievers Equities report on TurmericTurmericTurmeric trading range for the day is 7262-7554.  Turmeric gained on short covering after pr ices dropped on weak demand at the spot market.As per sources, production year 2015-16 started with carry-forward stocks of 1.4 lakh  tonnes compared to 2.1 lakh tonnes in 2014-15.   NCDEX accredited warehouses turmeric stocks dropped by 20 tonnes to 7541 tonnes.   SELL TURMERIC SEPT @ 7600 SL 7750 TGT 7480-7300.NCDEX.For all commodities report, click hereDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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