Buy Jeera Jul @ 19400 SL 19100 TGT 19700-19900. NCDEX - Kedia Advisory
JEERA
BUY JEERA JUL @ 19400 SL 19100 TGT 19700-19900. NCDEX
Observations
Jeera trading range for the day is 19300-19760.
Jeera gains 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 20145.35 Rupees dropped by -0.35 percent.
DHANIYA
BUY DHANIYA JUL @ 7200 SL 7100 TGT 7300-7400. NCDEX
Observations
Dhaniya trading range for the day is 7176-7316.
Dhaniya prices gains due to shortage of good quality stocks in the market.
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 7251.75 Rupees dropped by -0.56 percent.
TURMERIC
BUY TURMERIC AUG @ 13000 SL 12800 TGT 13300-13500. NCDEX
Observations
Turmeric trading range for the day is 12898-13458.
Tumreric gains 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 14057.6 Rupees dropped by -1.7 percent
