Buy Jeera Jun @ 19800 SL 19500 TGT 20100-20300. NCDEX - Kedia Advisory
Jeera
BUY JEERA JUN @ 19800 SL 19500 TGT 20100-20300. NCDEX
Observations
Jeera trading range for the day is 19540-20380.
Jeera dropped due to lower buying from domestic buyers and 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 20510.05 Rupees dropped by -0.22 percent.
Dhaniya
BUY DHANIYA JUN @ 7000 SL 6900 TGT 7100-7200. NCDEX
Observations
Dhaniya trading range for the day is 6908-7096.
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 7047.7 Rupees dropped by -0.38 percent.
Turmeric
BUY TURMERIC JUN @ 14000 SL 13700 TGT 14300-14500. NCDEX
Observations
Turmeric trading range for the day is 13402-14542.
Turmeric gains amid persistent concerns about low arrivals and lower production estimates.
However upside seen limited due to increased arrivals and 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 14467.1 Rupees gained by 0.54 percent.
