Buy Dhaniya Jan @ 10400 SL 10200 TGT 10600-10800. NCDEX - Kedia Advisory
Jeera
BUY JEERA JAN @ 22200 SL 22000 TGT 22500-22700. NCDEX
Observations
Jeera trading range for the day is 20700-23400.
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.
In Gujarat, Jeera sowing seen at 324,390 hectares down by 13.95% compared to last years 376,956 hectares.
In Unjha, a major spot market, the price ended at 21752.95 Rupees dropped by -0.51 percent.
Dhaniya
BUY DHANIYA JAN @ 10400 SL 10200 TGT 10600-10800. NCDEX
Observations
Dhaniya trading range for the day is 10190-10694.
Dhaniya dropped on profit booking after prices gained as Dhaniya sowing seen at 102,947 hectares down by 0.80%.
Seasonal demand, especially ahead of the wedding period, is further expected to keep consumption active.
Dhaniya exports during Apr - Sep 2025, rose by 14.45% at 26355.76 tonnes as compared to 23029.16 tonnes exported during Apr - Aug 2024.
In Gondal, a major spot market, the price ended at 10088.05 Rupees dropped by -0.65 percent.
Turmeric
BUY TURMERIC APR @ 17000 SL 16800 TGT 17250-17450. NCDEX
Observations
Turmeric trading range for the day is 16326-17674.
Turmeric dropped amid increase in acreage due to favourable rains during the current sowing season.
However downside seen limited as arrivals remain below normal and good domestic and international demand.
It is reported that both farmers and stockists have significantly reduced their stocks
In Nizamabad, a major spot market, the price ended at 15709.85 Rupees gained by 0.44 percent.
