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09-12-2024 11:46 AM | Source: Kedia Advisory
Buy Dhaniya Dec @ 7700 SL 7600 TGT 7800-7900. NCDEX - Kedia Advisory

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Jeera

Observations

Jeera trading range for the day is 23220-24380.

Jeera prices gained as sowing has been delayed.

Higher day temperatures in the past few weeks has impacted the seeding of jeera and has also led to poor germination in various places.

In Gujarat, jeera sowing has taken place in only 57,915 hectares till November 25 during the rabi 2024-25 cropping season.

In Unjha, a major spot market, the price ended at 24408.9 Rupees gained by 0.19 percent.

BUY JEERA DEC @ 23700 SL 23400 TGT 24000-24200. NCDEX

 

Dhaniya

Observations

Dhaniya trading range for the day is 7690-7810.

Dhaniya dropped on profit booking after prices gained driven by the opening of export markets

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 7771.1 Rupees dropped by -0.25 percent.

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

 

Turmeric

Observations

Turmeric trading range for the day is 13062-13362.

Turmeric dropped on profit booking after prices gained on strong buying activity amid reports of low supplies.

Turmeric arrivals rose to 9,030 bags from 7,965 bags in the previous session.

Although crop acreage has improved, delay in harvesting due to prolonged rains may impact the timelines of fresh supplies.

In Nizamabad, a major spot market, the price ended at 13935.6 Rupees gained by 0.15 percent.

BUY TURMERIC DEC @ 13100 SL 12800 TGT 13400-13600. NCDEX

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