19-11-2024 10:47 AM | Source: Kedia Advisory
Buy Dhaniya Dec @ 7700 SL 7600 TGT 7800-7900. NCDEX - Kedia Advisory

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

Jeera

Observations

Jeera trading range for the day is 24540-25420.

Jeera prices settled flat as arrival has increased.

There is a possibility of 25 percent reduction in cumin sowing in Gujarat

Carryover stock of 20 lakh bags of cumin is estimated in the new season

In Unjha, a major spot market, the price ended at 25267.95 Rupees gained by 0.17 percent.

 

BUY JEERA DEC @ 25000 SL 24700 TGT 25400-25600. NCDEX

 

Dhaniya

Observations

Dhaniya trading range for the day is 7284-8028.

Dhaniya prices gained as festival season demand surges.

Sowing has been delayed due to excessive soil moisture, limiting future supply.

Lower carryover stocks at production centers further tighten the market.

In Gondal, a major spot market, the price ended at 7515.65 Rupees gained by 0.25 percent.

 

BUY DHANIYA DEC @ 7700 SL 7600 TGT 7800-7900. NCDEX

 

Turmeric

Observations

Turmeric trading range for the day is 13330-14370.

Turmeric gains on short covering after prices dropped due to lower demand amid a rise in arrivals.

The expected acreage for the upcoming season is estimated to be 30-35% higher than last year.

Recent weather conditions, which include dry weather followed by light rains, are benefiting crop growth.

In Nizamabad, a major spot market, the price ended at 13802.55 Rupees gained by 1.12 percent.

 

BUY TURMERIC DEC @ 13800 SL 13500 TGT 14250-14400. 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