A possible region of market disagreement is indicated by the fact that the price is confronted with a barrier around Rs 17,812, which is located close to the 50-day moving average. There is a bearish crossover on the MACD, which indicates that there is a possibility of downside risk in the future.

The RSI has decreased, which indicates that bullish momentum is beginning to weaken. At the moment, the levels of support are located at Rs 17,404 and Rs 16,896, while the level of resistance is formed at Rs 18,032. There appears to have been a decline in consumer purchase activity, as indicated by the volume reduction that occurred after the rally.

An overview of the market reveals that TURMERIC futures are currently reaching a resistance level at Rs 17,812, which coincides with the 50-day moving average. There are indications that the price is losing momentum, which is underscored by the recent appearance of a bearish crossing in the MACD. It appears from this that the rising momentum may have reached its highest point for the time being. The Relative Strength Index is now exhibiting a downward trend from its recent highs, which indicates a drop in the level of buyer excitement.

A fall below this point might signal further support at Rs 16,896. The current support level is formed at Rs 17,404, and a decline below this point could indicate its presence. On the bright side, the resistance level of Rs 18,032 is considered to be quite important. As an additional point of interest, the decrease in volume that occurred following the most recent price rise indicates a lack of trust in the upward momentum.