16-10-2024 11:34 AM | Source: Kedia Advisory
Buy Dhaniya Nov @ 7450 SL 7350 TGT 7550-7650. NCDEX - Kedia Advisory

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Jeera

Observations

Jeera trading range for the day is 24200-26920.

Jeera dropped as the expectation of higher production weighed on the prices.

Jeera exports during Apr-July 2024, rose by 58.31 percent at 91,070.02 tonnes compared to Apr- July 2023.

Stock of Jeera Unjha in NCDEX recognized warehouse was 750 MT

In Unjha, a major spot market, the price ended at 26196.6 Rupees gained by 0.14 percent.

 

BUY JEERA NOV @ 25100 SL 24800 TGT 25500-25800. NCDEX

 

Dhaniya

Observations

Dhaniya trading range for the day is 7412-7548.

Dhaniya gains on low level buying after prices dropped due to good arrivals

Dhaniya exports during Apr-July 2024, dropped by 69.65 percent at 16,962.47 tonnes as compared to Apr-July 2023.

Stock of Dhaniya in NCDEX recognized warehouse was 11,077 MT

In Gondal, a major spot market, the price ended at 7426.3 Rupees gained by 0.4 percent.

 

BUY DHANIYA NOV @ 7450 SL 7350 TGT 7550-7650. NCDEX

 

Turmeric

Observations

Turmeric trading range for the day is 13650-13954.

Turmeric gains amid reports of crop damage due to heavy rains in Nanded and Hingoli areas

Turmeric exports during Apr- July 2024, dropped by 13.97 percent at 61,609.83 tonnes compared Apr- July 2023

Stock of Turmeric in NCDEX recognized warehouse was 185 MT

In Nizamabad, a major spot market, the price ended at 13963.25 Rupees dropped by -0.48 percent.

 

BUY TURMERIC DEC @ 13600 SL 13300 TGT 13900-14200. NCDEX

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