Buy Dhaniya Dec @ 7800 SL 7700 TGT 7900-8000. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 24730-25850.
Jeera prices dropped 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 25332.85 Rupees dropped by -0.09 percent.
BUY JEERA DEC @ 25000 SL 24700 TGT 25400-25600. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7446-8134.
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 7628.35 Rupees gained by 0.22 percent.
BUY DHANIYA DEC @ 7800 SL 7700 TGT 7900-8000. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 14016-14660.
Turmeric gains on low level buying after some pressure seen 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 14147.2 Rupees gained by 0.37 percent.
BUY TURMERIC DEC @ 14100 SL 13800 TGT 14400-14600. NCDEX
