Buy Dhaniya Jan @ 7900 SL 7800 TGT 8000-8100. NCDEX - Kedia Advisory
Jeera
Observations
Jeera trading range for the day is 23680-24420.
Jeera dropped on profit booking after 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 24591.55 Rupees gained by 0.15 percent.
BUY JEERA JAN @ 23900 SL 23600 TGT 24200-24500. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7872-7988.
Dhaniya 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 7795.4 Rupees dropped by -0.12 percent.
BUY DHANIYA JAN @ 7900 SL 7800 TGT 8000-8100. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 13774-14246.
Turmeric dropped as turmeric crop is reported to be in good to excellent condition.
However downside seen limited on strong buying activity amid reports of low supplies till the arrival of new crop.
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 13747.8 Rupees dropped by -0.32 percent.
BUY TURMERIC APR @ 13900 SL 13600 TGT 14200-14400. NCDEX
