Buy Jeera Jun @ 21200 SL 20900 TGT 21500-21800. NCDEX - Kedia Advisory
Jeera
BUY JEERA JUN @ 21200 SL 20900 TGT 21500-21800. NCDEX
Observations
Jeera trading range for the day is 20410-21550.
Jeera dropped due to lower buying and weak export demand.
The current season is expected to have similar production levels as last year due to better crop conditions.
In Feb 2025 around 12,996.88 tonnes of jeera were exported as against 17,083.31 tonnes in Jan 2025 showing a drop of 23.92%.
In Unjha, a major spot market, the price ended at 21440.6 Rupees dropped by -0.85 percent.
Dhaniya
BUY DHANIYA JUN @ 7050 SL 6950 TGT 7150-7250. NCDEX
Observations
Dhaniya trading range for the day is 6948-7184.
Dhaniya dropped due to higher arrivals and limited domestic 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 7205.2 Rupees dropped by -0.17 percent.
Turmeric
SELL TURMERIC JUN @ 14750 SL 14900 TGT 14400-14200. NCDEX
Observations
Turmeric trading range for the day is 14100-14800.
Turmeric dropped due to increased arrivals and owing to weak export enquiries.
However downside seen limited amid persistent concerns about lower production estimates.
Yields expected 10–15% lower; Nanded region hit by crop rot and small rhizomes
In Nizamabad, a major spot market, the price ended at 14553.3 Rupees dropped by -0.71 percent.
