Buy Jeera Nov @ 23700 SL 23400 TGT 24100-24300. NCDEX- Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Jeera
Observations
Jeera trading range for the day is 23520-24160.
Jeera gains on short covering after prices dropped as arrival has increased.
There is a possibility of 25 percent reduction in cumin sowing in GujaratCarryover stock of 20 lakh bags of cumin is estimated in the new season.
In Unjha, a major spot market, the price ended at 24992.9 Rupees dropped by -0.31 percent.
BUY JEERA NOV @ 23700 SL 23400 TGT 24100-24300. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7124-7296.
Dhaniya settled flat as India’s festival season demand is expected to surge.
Sowing has been delayed due to excessive soil moisture, limiting future supply.
Lower carryover stocks at production centers further tighten the market.
In Gondal, a major spot market, the price ended at 7398.5 Rupees dropped by -0.01 percent
BUY DHANIYA NOV @ 7200 SL 7100 TGT 7300-7400. NCDEX
Turmeric
Observations
urmeric trading range for the day is 12598-13146.
Turmeric gains amid reports of crop damage due to heavy rains.
However upside seen limited due to lower demand amid a rise in arrivals.
Recent weather conditions, which include dry weather followed by light rains, are benefiting crop growth.
In Nizamabad, a major spot market, the price ended at 13535.85 Rupees dropped by -0.22 percent.
BUY TURMERIC DEC @ 12700 SL 12400 TGT 13000-13200. NCDEX
