Buy Jeera Jan @ 21000 SL 20800 TGT 21250-21400. NCDEX - Kedia Advisory
Jeera
BUY JEERA JAN @ 21000 SL 20800 TGT 21250-21400. NCDEX
Observations
Jeera trading range for the day is 20800-21600.
Jeera gains as weather issues and delayed sowing are keeping cumin prices strong.
In Gujarat, Jeera sowing seen at 324,390 hectares down by 13.95% compared to last years 376,956 hectares.
However upside seen limited due to comfortable supplies and tepid export interest amid adequate existing stocks.
In Unjha, a major spot market, the price ended at 20946.1 Rupees dropped by -0.01 percent.
Dhaniya
SELL DHANIYA JAN @ 10000 SL 10200 TGT 9800-9700. NCDEX
Observations
Dhaniya trading range for the day is 9670-10114.
Dhaniya dropped on profit booking after prices seen supported as Dhaniya sowing seen at 102,947 hectares down by 0.80%.
Seasonal demand, especially ahead of the wedding period, is further expected to keep consumption active.
Dhaniya exports during Apr - Sep 2025, rose by 14.45% at 26355.76 tonnes as compared to 23029.16 tonnes exported during Apr - Aug 2024.
In Gondal, a major spot market, the price ended at 9777.2 Rupees gained by 0.55 percent.
Turmeric
BUY TURMERIC APR @ 16000 SL 15800 TGT 16250-16450. NCDEX
Observations
Turmeric trading range for the day is 15440-16772.
Turmeric gains as arrivals remain below normal and good domestic and International demand.
However upside seen limited amid increase in acreage due to favourable rains during the current sowing season.
Yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.
In Nizamabad, a major spot market, the price ended at 15411.95 Rupees dropped by -0.48 percent.
