Buy Jeera Aug @ 19500 SL 19200 TGT 19800-20000. NCDEX - Kedia Advisory
Jeera
BUY JEERA AUG @ 19500 SL 19200 TGT 19800-20000. NCDEX
Observations
Jeera trading range for the day is 19390-19730.
Jeera gains on short covering after prices dropped due to weak domestic post retail season.
Only 3-4 lakh bags are expected to be traded by the end of the season, leaving a carry-forward stock of about 16 lakh bags
Total arrivals witnessed a marginal increase to 12,000 bags (55 kg each) as against 11,800 bags on the previous day.
In Unjha, a major spot market, the price ended at 19957.2 Rupees dropped by -0.25 percent.
Dhaniya
BUY DHANIYA AUG @ 7600 SL 7500 TGT 7700-7800. NCDEX
Observations
Dhaniya trading range for the day is 7574-7698.
Dhaniya gained on short covering after prices dropped amid increased arrivals and sluggish buying activity.
Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags in the previous session.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 7537.1 Rupees dropped by -0.02 percent.
Turmeric
BUY TURMERIC AUG @ 13300 SL 13100 TGT 13500-13700. NCDEX
Observations
Turmeric trading range for the day is 13238-13438.
Turmeric gained on short covering after prices dropped due to expected increase in acreage.
Turmeric acreage is expected to increase by 15-20% this season, supported by low competitive crop prices.
In April 2025 around 14,956.80 tonnes were exported as against 14,109.10 tonnes in April 2024 showing a rise of 6%.
In Nizamabad, a major spot market, the price ended at 14039.7 Rupees dropped by -0.45 percent.
