Buy Dhaniya Dec @ 10200 SL 10050 TGT 10400-10550. NCDEX - Kedia Advisory
JEERA
BUY JEERA DEC @ 22000 SL 21800 TGT 22250-22500. NCDEX
Observations
Jeera trading range for the day is 21130-22850
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.
Gujarat, is seeing one of the slowest sowing seasons in years because fields are not ready.
In Unjha, a major spot market, the price ended at 21127.9 Rupees dropped by -0.18 percent.
DHANIYA
BUY DHANIYA DEC @ 10200 SL 10050 TGT 10400-10550. NCDEX
Observations
Dhaniya trading range for the day is 9656-10660.
Dhaniya prices gained due to shortage of good quality stocks.
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 9560.75 Rupees dropped by -0.04 percent.
TURMERIC
BUY TURMERIC DEC @ 14300 SL 14100 TGT 14500-14700. NCDEX
Observations
Turmeric trading range for the day is 13234-15206.
Turmeric gains as yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.
Due to continuous rains in Erode, disease outbreaks have started emerging in some areas.
However upside seen limited amid increase in acreage due to favourable rains during the current sowing season.
In Nizamabad, a major spot market, the price ended at 14838.45 Rupees gained by 1.18 percent.
