Powered by: Motilal Oswal
2024-10-16 11:34:46 am | Source: Kedia Advisory
Buy Dhaniya Nov @ 7450 SL 7350 TGT 7550-7650. NCDEX - Kedia Advisory

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

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