Buy Dhaniya Apr @ 7950 SL 7850 TGT 8050-8150. NCDEX - Kedia Advisory
Jeera
BUY JEERA MAR @ 21200 SL 20900 TGT 21500-21700. NCDEX
Observations
Dhaniya
BUY DHANIYA APR @ 7950 SL 7850 TGT 8050-8150. NCDEX
Observations
Dhaniya trading range for the day is 7892-8056.
Dhaniya prices settled flat due to heavy arrivals and weak demand.
A large amount of old stock coming into the market as well as preparation for new crop weighed on prices.
Coriander arrivals in Gujarat reached 9,250 bags, much higher than the usual 500-700 bags.
In Gondal, a major spot market, the price ended at 7622 Rupees dropped by -1.07 percent.
Turmeric
BUY TURMERIC APR @ 11700 SL 11400 TGT 12000-12200. NCDEX
Observations
Turmeric trading range for the day is 11572-12332.
Turmeric prices dropped as arrival of new turmeric crop has started.
New turmeric crop is arriving in Nizamabad and Hingoli Mandi.
However downside seen limited as new crop yields are expected to be 10-15% lower this year.
In Nizamabad, a major spot market, the price ended at 12579.75 Rupees dropped by -0.78 percent.
