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Jeera

Observations

Jeera trading range for the day is 56920-59100.

Jeera gains on low level recovery amid limited availability of quality crop.

Global demand of Indian jeera slumped as most of buyers preferred other destinations like Syria and Turkey

Export is likely to remain down in upcoming months as per the export seasonality.

In Unjha, a major spot market, the price ended at 58595.55 Rupees gained by 0.14 percent.

BUY JEERA NOV @ 57800 SL 57300 TGT 58500-59000. NCDEX

Dhaniya

Observations

Dhaniya trading range for the day is 6770-7186.

Dhaniya gained on short covering after prices dropped as huge stocks with farmers and stockists

However, downside seen limited amid increased festive buying along with robust export demand.

India's increased coriander production has led to a decline in the country's imports from other coriander-producing nations.

In Gondal, a major spot market, the price ended at 7071.7 Rupees gained by 0.41 percent.

BUY DHANIYA NOV @ 7000 SL 6900 TGT 7100-7200. NCDEX