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2026-02-04 12:41:50 pm | Source: Kedia Advisory
BUY DHANIYA APR @ 11700 SL 11400 TGT 12000-12200. NCDEX - Kedia Advisory
BUY DHANIYA APR @ 11700 SL 11400 TGT 12000-12200. NCDEX - Kedia Advisory

Jeera

 

 

BUY JEERA MAR @ 23700 SL 23500 TGT 24000-24200. NCDEX

Observations

Jeera trading range for the day is 23520-24380.

Jeera gained as weather issues and delayed sowing are keeping cumin prices strong.

However upside seen limited due to comfortable supplies and tepid export interest amid adequate existing stocks.

Export demand from Gulf countries and China has improved a bit but is still price-sensitive.

In Unjha, a major spot market, the price ended at 23784.2 Rupees dropped by -0.12 percent.

 

Dhaniya

 

 

BUY DHANIYA APR @ 11700 SL 11400 TGT 12000-12200. NCDEX

Observations

Dhaniya trading range for the day is 11316-12760.

Dhaniya dropped on profit booking after prices surged driven by lower sowing and rising crop risks.

In Gujarat, acreage declined by 3.78% to 125,510 hectares, signaling a potential production shortfall.

Prices are also finding support from weather-related threats in Rajasthan’s key producing districts, where frost and powdery mildew risks have increased.

In Gondal, a major spot market, the price ended at 10821.85 Rupees gained by 0.24 percent.

 

TURMERIC

 

 

BUY TURMERIC APR @ 16600 SL 16300 TGT 16900-17200. NCDEX

Observations

Turmeric trading range for the day is 16142-17378.

Turmeric gained as arrivals remain below normal and good domestic and international demand.

However upside seen limited amid increase in acreage due to favourable rains during the current sowing season.

India’s turmeric crop for the 2026 harvest is shaping up with higher acreage but only moderate supply growth.

In Nizamabad, a major spot market, the price ended at 16161.65 Rupees dropped by -0.49 percent.

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