Buy Jeera Jul @ 19100 SL 18800 TGT 19400-19600. NCDEX - Kedia Advisory
JEERA
BUY JEERA JUL @ 19100 SL 18800 TGT 19400-19600. NCDEX
Observations
Jeera trading range for the day is 19120-19440.
Jeera gained on short covering after prices dropped due to weak domestic and export demand.
Ample existing stock and comfortable supply are dampening price prospects.
Global supply disruptions haven't translated into higher Indian exports due to tepid demand.
In Unjha, a major spot market, the price ended at 19747.65 Rupees dropped by -1.17 percent.
DHANIYA
BUY DHANIYA JUL @ 7000 SL 6900 TGT 7100-7200. NCDEX
Observations
Dhaniya trading range for the day is 6962-7058.
Dhaniya prices settled flat amid higher arrivals and sluggish off-season demand.
Old stock continues to flow into mandis, pressuring prices further.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 7024.65 Rupees dropped by -0.36 percent.
TURMERIC
BUY TURMERIC AUG @ 14400 SL 14200 TGT 14600-14800. NCDEX
Observations
Turmeric trading range for the day is 14260-14744.
Turmeric prices fell due to weak domestic and export demand.
Arrivals rose to 13,660 quintals vs. 11,940 in the previous session, indicating increased availability
Turmeric exports during Apr - Mar 2025, jump by 8.83 percent at 176325.34 tonnes compared to Apr - Mar
In Nizamabad, a major spot market, the price ended at 14431.5 Rupees gained by 0.22 percent.
