Buy Dhaniya AUG @ 7650 SL 7550 TGT 7750-7850. NCDEX - Kedia Advisory
JEERA
BUY JEERA AUG @ 19500 SL 19200 TGT 19800-20000. NCDEX
Observations
Jeera trading range for the day is 19460-19740.
Jeera dropped due to weak domestic and export demand post retail season.
However downside seen limited on strong export demand and easing geopolitical concerns.
Total arrivals witnessed a marginal increase to 12,000 bags (55 kg each) as against 11,800 bags on the previous day.
In Unjha, a major spot market, the price ended at 19995.2 Rupees dropped by -0.61 percent.
DHANIYA
BUY DHANIYA AUG @ 7650 SL 7550 TGT 7750-7850. NCDEX
Observations
Dhaniya trading range for the day is 7536-7772.
Dhaniya prices gains due to shortage of good quality stocks in the market.
Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags in the previous session.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 7504.1 Rupees dropped by -0.01 percent.
TURMERIC
BUY TURMERIC AUG @ 13400 SL 13200 TGT 13600-13800. NCDEX
Observations
Turmeric trading range for the day is 13302-13726.
Turmeric gains on short covering after prices dropped due to expected increase in acreage.
Turmeric acreage is expected to increase by 15-20% this season, supported by low competitive crop prices.
In April 2025 around 14,956.80 tonnes were exported as against 14,109.10 tonnes in April 2024 showing a rise of 6%.
In Nizamabad, a major spot market, the price ended at 14126.3 Rupees gained by 0.6 percent.
