BUY JEERA JUN @ 20900 SL 20600 TGT 21200-21400. NCDEX - Kedia Advisory
JEERA
BUY JEERA JUN @ 20900 SL 20600 TGT 21200-21400. NCDEX
Observations
Jeera trading range for the day is 20390-21390.
Jeera gained due to lower 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 21076.25 Rupees dropped by -0.59 percent.
DHANIYA
BUY DHANIYA JUN @ 7000 SL 6900 TGT 7100-7200. NCDEX
Observations
Dhaniya trading range for the day is 7008-7104.
Dhaniya settled flat due to higher arrivals and limited demand.
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 7160.5 Rupees gained by 0.16 percent.
TURMERIC
BUY TURMERIC JUN @ 14100 SL 13800 TGT 14450-14600. NCDEX
Observations
Turmeric trading range for the day is 13924-14620.
Turmeric gained 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 14446.9 Rupees gained by 0.8 percent.
