Buy Jeera Jul @ 19700 SL 19400 TGT 20000-20200. NCDEX - Kedia Advisory
JEERA
BUY JEERA JUL @ 19700 SL 19400 TGT 20000-20200. NCDEX
Observations
Jeera trading range for the day is 19290-20210.
Jeera prices continue to rise on strong export demand and easing geopolitical concerns
However upside seen limited due to weak domestic and export demand post retail season.
Total arrivals witnessed a marginal increase to 12,000 bags (55 kg each) as against 11,800 bags on the previous day.
In Unjha, a major spot market, the price ended at 19963.7 Rupees dropped by -0.02 percent.
DHANIYA
BUY DHANIYA JUL @ 7050 SL 6950 TGT 7150-7250. NCDEX
Observations
Dhaniya trading range for the day is 6968-7136.
Dhaniya gained on short covering after prices dropped amid higher arrivals and sluggish off-season demand.
Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags in the previous session.
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 7181.25 Rupees gained by 0.25 percent.
TURMERIC
BUY TURMERIC AUG @ 13800 SL 13600 TGT 14100-14300. NCDEX
Observations
Turmeric trading range for the day is 13522-14274.
Turmeric gained on short covering after prices dropped due to expected increase in acreage.
Turmeric acreage is expected to increase by 15-20% this season, supported by low competitive crop prices.
In April 2025 around 14,956.80 tonnes were exported as against 14,109.10 tonnes in April 2024 showing a rise of 6%.
In Nizamabad, a major spot market, the price ended at 14392.25 Rupees dropped by -0.16 percent.
