09-08-2023 12:12 PM | Source: Kedia Advisory
Dhaniya trading range for the day is 6754-7078 - Kedia Advisory
News By Tags | #473 #5839

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel


Download Telegram App before Joining the Channel



Jeera trading range for the day is 58550-63550.

Jeera prices have surged attributed to a decrease in local market supplies.

The increased demand for jeera during festivals has piqued the interest of stockists

Drier weather condition in Gujarat will also lead to rise in arrivals that will cap the upwards move.

In Unjha, a major spot market, the price ended at 60237.65 Rupees gained by 0.27 percent.

BUY JEERA SEP @ 61000 SL 60500 TGT 61600-62000. NCDEX




Dhaniya trading range for the day is 6754-7078.

Dhaniya dropped on profit booking after prices gained amid short covering on increased festive buying.

The lower price levels and higher stocks have significantly boosted coriander exports in May 2023.

India's increased coriander production has led to a decline in the country's imports from other coriander-producing nations.

In Gondal, a major spot market, the price ended at 7258.7 Rupees dropped by -0.27 percent.

BUY DHANIYA SEP @ 6900 SL 6800 TGT 7000-7100. NCDEX




Turmeric trading range for the day is 14220-15332.

Turmeric dropped due to profit booking amid to favorable crop conditions.

Export enquires has been subdued at prevailing levels that will also put pressure on prices.

However, the turmeric supply remains limited.

In Nizamabad, a major spot market, the price ended at 14045.2 Rupees gained by 0.49 percent.

SELL TURMERIC OCT @ 15000 SL 15300 TGT 14600-14400. NCDEX


To Read Complete Report & Disclaimer Click Here


Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer