Buy Jeera Jan @ 21500 SL 21300 TGT 21800-22000. NCDEX - Kedia Advisory
Jeera
BUY JEERA JAN @ 21500 SL 21300 TGT 21800-22000. NCDEX
Observations
Jeera trading range for the day is 20810-22290.
Jeera gains as weather issues and delayed sowing are keeping cumin prices strong.
However upside seen limited due to comfortable supplies and tepid export interest amid adequate existing stocks.
In Gujarat, Jeera sowing seen at 398,596 hectares down by 14.20% compared to last years 464,570 hectares.
In Unjha, a major spot market, the price ended at 22007.35 Rupees dropped by -0.04 percent.
Dhaniya
SELL DHANIYA JAN @ 9750 SL 96600 TGT 9950-10100. NCDEX
Observations
Dhaniya trading range for the day is 9686-9962.
Dhaniya dropped on profit booking after gained as sowing seen at 117,626 hectares down by 5.92%.
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 10029.05 Rupees gained by 0.27 percent
Turmeric
BUY TURMERIC APR @ 17400 SL 17200 TGT 177700-17900. NCDEX
Observations
Turmeric trading range for the day is 17012-18500.
Turmeric gains as arrivals remain below normal and good domestic and international demand.
It is reported that both farmers and stockists have significantly reduced their stocks, ahead of the new crop supply.
Yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.
In Nizamabad, a major spot market, the price ended at 16740.3 Rupees dropped by -0.06 percent.
