Powered by: Motilal Oswal
2024-12-05 11:30:22 am | Source: Kedia Advisory
Buy Jeera Dec @ 24200 SL 23800 TGT 24600-24900. NCDEX - Kedia Advisory
Buy Jeera Dec @ 24200 SL 23800 TGT 24600-24900. NCDEX - Kedia Advisory

Jeera

Observations

Jeera trading range for the day is 24010-24690.

Jeera dropped on profit booking after prices gained as sowing has been delayed.

Higher day temperatures in the past few weeks has impacted the seeding of jeera and has also led to poor germination in various places.

In Gujarat, jeera sowing has taken place in only 57,915 hectares till November 25 during the rabi 2024-25 cropping season.

In Unjha, a major spot market, the price ended at 24573.5 Rupees gained by 0.45 percent.

BUY JEERA DEC @ 24200 SL 23800 TGT 24600-24900. NCDEX

 

Dhaniya

Observations

Dhaniya trading range for the day is 7712-7956.

Dhaniya dropped on profit booking after prices gained driven by the opening of export markets

Sowing has been delayed due to excessive soil moisture, limiting future supply.

Lower carryover stocks at production centers further tighten the market.

In Gondal, a major spot market, the price ended at 7814.5 Rupees gained by 0.08 percent.

BUY DHANIYA DEC @ 7800 SL 7700 TGT 7900-8000. NCDEX

 

Turmeric

Observations

Turmeric trading range for the day is 12916-13832.

Turmeric gains on strong buying activity amid reports of low supplies.

Turmeric arrivals rose to 9,030 bags from 7,965 bags in the previous session.

Although crop acreage has improved, delay in harvesting due to prolonged rains may impact the timelines of fresh supplies.

In Nizamabad, a major spot market, the price ended at 13989.25 Rupees dropped by -0.08 percent.

BUY TURMERIC DEC @ 13200 SL 12900 TGT 13600-13900. 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