Buy Jeera Jan @ 24000 SL 23700 TGT 24300-24500. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 23840-24640.
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 24364.15 Rupees gained by 0.02 percent.
BUY JEERA JAN @ 24000 SL 23700 TGT 24300-24500. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7794-8074.
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 7910.95 Rupees dropped by -0.01 percent.
BUY DHANIYA JAN @ 7850 SL 7750 TGT 7950-8050. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 14814-15618.
Turmeric dropped as turmeric crop is reported to be in good to excellent condition.
However downside seen limited on strong buying activity amid reports of low supplies till the arrival of new crop.
In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.
In Nizamabad, a major spot market, the price ended at 14194.75 Rupees gained by 1.1 percent.
BUY TURMERIC APR @ 15100 SL 14850 TGT 15400-15600. NCDEX
