Buy Dhaniya Sep @ 6750 SL 6650 TGT 6850-6950. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 24130-26310.
Jeera gains amid robust domestic and export demand besides tight global supplies.
China's cumin output soared to over 55-60 thousand tons from the previous 28-30 thousand tons.
Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.
In Unjha, a major spot market, the price ended at 25398.05 Rupees gained by 0.21 percent.
BUY JEERA SEP @ 25000 SL 24600 TGT 25500-25800. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 6680-6852.
Dhaniya gains on low level buying after prices dropped due to good arrivals
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 6902.5 Rupees gained by 0.01 percent.
BUY DHANIYA SEP @ 6750 SL 6650 TGT 6850-6950. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 14810-15566.
Turmeric settled flat as demand remains limited, as buyers are reluctant to make purchases.
Pressure also seen amid news of increased sowing. In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.
In Nizamabad, a major spot market, the price ended at 15827.8 Rupees dropped by -1.07 percent.
BUY TURMERIC OCT @ 15000 SL 14700 TGT 15300-15600. NCDEX
