iamrk7

9500 to 19000| Turmeric's Resurgence Sparks New Trading Buzz!

Long
iamrk7 Updated   
NCDEX:TMCFGRNZM1!   Turmeric Futures
Turmeric has emerged as a notable script in recent months, experiencing a substantial rally from 9500 to 19000. This impressive performance has reignited interest in the commodity. Presently trading at Rs 12500, a level significantly below its recent high of Rs 19500, Turmeric has garnered renewed attention.

Our strategic trading plan involves closely monitoring Turmeric's price action. Should it find support within the range of 11590 to 11860, we are inclined to consider an entry point. In this scenario, our stop-loss will be set below 10300 to manage risk effectively.

We invite you to stay tuned for further updates as we navigate potential opportunities in the Turmeric market. Your continued engagement is valued on this exciting journey.

Best regards,
Rahul Khandelwal
WEALTH BY TRADE
Comment:
Contract switch change hone ki wajah se Price pattern me change aaya hai.
Ab naye updates:-

No immediate bullish sentiment for TMC. Nevertheless, we're marking levels for understanding:

Good Resistance and Breakout Level: 15730
Potential Support Zone: 13870-14480
Stop Loss (SL): 13700
Extended Stop Loss (Big SL): 12500
Observing upcoming days to unfold the market's direction.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.