Buy Dhaniya Oct @ 7200 SL 7100 TGT 7300-7400. NCDEX - Kedia Advisory
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JEERA
Observation
Jeera trading range for the day is 25600-26580.
Jeera gains amid robust domestic and export demand besides tight global supplies.
Farmers holding back their stocks on expectation of better prices too bolstered prices.
Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.
In Unjha, a major spot market, the price ended at 25926.7 Rupees gained by 0.28 percent.
BUY JEERA OCT @ 26000 SL 25600 TGT 26500-26800. NCDEX
DHANIYA
Observation
Dhaniya trading range for the day is 7146-7398.
Dhaniya gains on short covering after prices dropped due to good arrivals in major markets.
Daily arrival of 40000 bags witnessed in Ramganj mandi and around 20000 to 30000 bags coming in Kota.
Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation
In Gondal, a major spot market, the price ended at 7218.35 Rupees gained by 0.22 percent.
BUY DHANIYA OCT @ 7200 SL 7100 TGT 7300-7400. NCDEX
TURMERIC
Observation
Turmeric trading range for the day is 13604-14944.
Turmeric dropped on profit booking amid news of increased sowing.
In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.
However downside seen limited amid tighter supplies in the market and emerging buying from stockists.
In Nizamabad, a major spot market, the price ended at 14607.5 Rupees gained by 0.85 percent.
BUY TURMERIC OCT @ 14000 SL 13700 TGT 14400-14600. NCDEX
