Buy Jeera Jul @ 20000 SL 19700 TGT 20300-20500. NCDEX - Kedia Advisory
Jeera
BUY JEERA JUL @ 20000 SL 19700 TGT 20300-20500. NCDEX
Observations
Jeera trading range for the day is 19960-20520.
Jeera gains due to lower level buying from domestic buyers despite subdued export demand.
The current season is expected to have similar production levels as last year due to better crop conditions.
Jeera exports during Apr - Mar 2025, rose by 39.63 percent at 212502.49 tonnes compared Apr - Mar 2024.
In Unjha, a major spot market, the price ended at 20513.05 Rupees dropped by -0.12 percent.
Dhaniya
BUY DHANIYA JUL @ 7150 SL 7050 TGT 7250-7350. NCDEX
Observations
Dhaniya trading range for the day is 7124-7264.
Dhaniya gains on low level buying after prices dropped due to higher arrivals
Total coriander arrivals declined significantly to 34,400 bags as against 40,700 bags recorded 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 7075.1 Rupees dropped by -1.48 percent.
Turmeric
BUY TURMERIC AUG @ 14800 SL 14500 TGT 15200-15400. NCDEX
Observations
Turmeric trading range for the day is 14658-15350.
Turmeric gains amid persistent concerns about low arrivals and lower production estimates.
However upside seen limited owing to weak export enquiries.
Turmeric exports during Apr - Mar 2025, jump by 8.83 percent at 176325.34 tonnes compared to Apr - Mar 2024.
In Nizamabad, a major spot market, the price ended at 14639.85 Rupees gained by 0.52 percent.
