Buy Dhaniya Jan @ 7900 SL 7800 TGT 8000-8100. NCDEX - Kedia Advisory
Jeera
Observations
Jeera trading range for the day is 24200-24680.
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 24391.25 Rupees dropped by -0.21 percent.
BUY JEERA JAN @ 24300 SL 24000 TGT 24600-24800. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7858-8170.
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 7917.4 Rupees dropped by -0.55 percent.
BUY DHANIYA JAN @ 7900 SL 7800 TGT 8000-8100. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 14766-15934.
Turmeric gains on strong buying activity amid reports of low supplies till the arrival of new crop.
However upside seen limited as turmeric crop is reported to be in good to excellent condition.
In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.
In Nizamabad, a major spot market, the price ended at 14040.3 Rupees gained by 2.82 percent.
BUY TURMERIC APR @ 15100 SL 14850 TGT 15400-15600. NCDEX
