Buy Jeera Jan @ 24100 SL 23800 TGT 24400-24600. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 23750-24710.
Jeera 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 24286.4 Rupees dropped by -0.07 percent.
BUY JEERA JAN @ 24100 SL 23800 TGT 24400-24600. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7986-8210.
Dhaniya 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 7921.9 Rupees gained by 0.6 percent.
BUY DHANIYA JAN @ 8050 SL 7950 TGT 8150-8250. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 14078-14930.
Turmeric gains on strong buying activity amid reports of low supplies till the arrival of new crop.
However upside seen limited as turmeric crop is reported to be in good to excellent condition.
In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.
In Nizamabad, a major spot market, the price ended at 13655.7 Rupees dropped by -0.31 percent.
BUY TURMERIC APR @ 14400 SL 14200 TGT 14700-14900. NCDEX
