Buy Dhaniya Jul @ 7050 SL 6950 TGT 7150-7250. NCDEX - Kedia Advisory
JEERA
BUY JEERA JUL @ 19100 SL 18900 TGT 19350-19500. NCDEX
Observations
Jeera trading range for the day is 18930-19550.
Jeera gained on short covering after prices dropped due to weak domestic and export demand.
Ample existing stock and comfortable supply are dampening price prospects.
Global supply disruptions haven't translated into higher Indian exports due to tepid demand.
In Unjha, a major spot market, the price ended at 19680.4 Rupees dropped by -0.26 percent.
DHANIYA
BUY DHANIYA JUL @ 7050 SL 6950 TGT 7150-7250. NCDEX
Observations
Dhaniya trading range for the day is 7048-7172.
Dhaniya gained on short covering after prices dropped amid higher arrivals and sluggish off-season demand.
Old stock continues to flow into mandis, pressuring prices further.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 7137.6 Rupees gained by 0.14 percent.
TURMERIC
BUY TURMERIC AUG @ 14250 SL 14050 TGT 14500-14700. NCDEX
Observations
Turmeric trading range for the day is 14190-14570.
Turmeric prices dropped due to weak domestic and export demand.
Arrivals rose to 13,660 quintals vs. 11,940 in the previous session, indicating increased availability
Turmeric exports during Apr - Mar 2025, jump by 8.83 percent at 176325.34 tonnes compared to Apr - Mar 2024
In Nizamabad, a major spot market, the price ended at 14415.15 Rupees gained by 0.05 percent.
