Buy Dhaniya Oct @ 7200 SL 7100 TGT 7300-7400. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 26170-26890.
Jeera gains amid robust domestic and export demand besides tight global supplies.
However upside seen limited as the expectation of higher production weighed on the prices cent.
Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.
In Unjha, a major spot market, the price ended at 26352.7 Rupees gained by 0.2 percent
BUY JEERA OCT @ 26400 SL 26000 TGT 26800-27200. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7142-7322.
Dhaniya settled down amid good arrivals in major markets.
Dhaniya exports during Apr-July 2024, dropped by 69.65 percent at 16,962.47 tonnes as compared to Apr-July 2023.
Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation
In Gondal, a major spot market, the price ended at 7368.45 Rupees gained by 0.53 percent
BUY DHANIYA OCT @ 7200 SL 7100 TGT 7300-7400. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 12634-14414.
Turmeric gains amid reports of crop damage due to heavy rains.
However upside seen limited due to lower demand amid a rise in arrivals.
Turmeric sowing on the Erode line is reported to be double as compared to last year In Nizamabad, a major spot market, the price ended at 14120.15 Rupees dropped by -0.84 percent.
BUY TURMERIC OCT @ 13500 SL 13200 TGT 14000-14300. NCDEX
