Buy Jeera Mar @ 23700 SL 23500 TGT 24000-24200. NCDEX - Kedia Advisory
Jeera
BUY JEERA MAR @ 23700 SL 23500 TGT 24000-24200. NCDEX
Observations
Jeera trading range for the day is 23410-24070.
Jeera gained as weather issues and delayed sowing are keeping cumin prices strong.
However upside seen limited due to comfortable supplies and tepid export interest amid adequate existing stocks.
Export demand from Gulf countries and China has improved a bit but is still price-sensitive.
In Unjha, a major spot market, the price ended at 23445.7 Rupees dropped by -0.34 percent.
Dhaniya
BUY DHANIYA APR @ 11400 SL 11200 TGT 11600-11800. NCDEX
Observations
Dhaniya trading range for the day is 11152-11760.
Dhaniya prices surged driven by lower sowing and rising crop risks.
In Gujarat, acreage declined by 3.78% to 125,510 hectares, signaling a potential production shortfall.
Prices are also finding support from weather-related threats in Rajasthan’s key producing districts, where frost and powdery mildew risks have increased.
In Gondal, a major spot market, the price ended at 10649.85 Rupees dropped by -0.41 percent.
TURMERIC
BUY TURMERIC APR @ 16600 SL 16300 TGT 16900-17200. NCDEX
Observations
Turmeric trading range for the day is 16514-16958.
Turmeric dropped amid increase in acreage due to favourable rains during the current sowing season.
India’s turmeric crop for the 2026 harvest is shaping up with higher acreage but only moderate supply growth
However downside seen limited as arrivals remain below normal and good domestic and international demand.
In Nizamabad, a major spot market, the price ended at 16142.85 Rupees dropped by -0.19 percent.
