Feb 15, 2017 02:53 PM IST | Source: Moneycontrol.com

Turmeric to trade in 6762-6898 range: Achiievers Equities

According to Achiievers Equities, Turmeric gained on short covering after prices dropped on rising arrivals as the harvesting is going on in key producing states.

Turmeric to trade in 6762-6898 range: Achiievers Equities
Achiievers Equities' report on Turmeric

Turmeric trading range for the day is 6762-6898.  

Turmeric gained on short covering after prices dropped on rising arrivals as the harvesting is going on in key producing states.  

Moreover, turmeric acreage in Telangana and Andhra Pradesh was higher this year as compared to last year.  

Production of turmeric in Telangana is seen rising 35% on year to 251,000 tn 2016-17 (Jul  Jun) due to favourable rains.   

SELL TURMERIC APR 2017 @ 6900 SL 7020 TGT 6780-6650.NCDEX. 

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