Powered by: Motilal Oswal
2025-07-07 10:15:41 am | Source: Kedia Advisory
Buy Dhaniya Jul @ 7150 SL 7050 TGT 7250-7350. NCDEX - Kedia Advisory
Buy Dhaniya Jul @ 7150 SL 7050 TGT 7250-7350. NCDEX - Kedia Advisory

JEERA

BUY JEERA JUL @ 19600 SL 19300 TGT 19900-20100. NCDEX

Observations

Jeera trading range for the day is 19340-20240.

Jeera dropped due to weak domestic and export demand post retail season.

However downside seen limited on strong export demand and easing geopolitical concerns.

Total arrivals witnessed a marginal increase to 12,000 bags (55 kg each) as against 11,800 bags on the previous day.

In Unjha, a major spot market, the price ended at 20392.15 Rupees dropped by -0.54 percent.

 

DHANIYA

BUY DHANIYA JUL @ 7150 SL 7050 TGT 7250-7350. NCDEX

Observations

Dhaniya trading range for the day is 7108-7264.

Dhaniya gained on short covering after prices dropped amid higher arrivals and sluggish off-season demand.

Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags in the previous session.

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 7243.4 Rupees dropped by -0.92 percent.

 

 

TURMERIC

BUY TURMERIC AUG @ 13300 SL 13100 TGT 13600-13800. NCDEX

Observations

Turmeric trading range for the day is 13168-13728.

Turmeric prices dropped due to expected increase in acreage.

Turmeric acreage is expected to increase by 15-20% this season, supported by low competitive crop prices.

In April 2025 around 14,956.80 tonnes were exported as against 14,109.10 tonnes in April 2024 showing a rise of 6%.

In Nizamabad, a major spot market, the price ended at 14301.2 Rupees dropped by -0.35 percent.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here