13-10-2023 10:45 AM | Source: Kedia Advisory
Buy Jeera NOV @ 54500 SL 54000 TGT 55200-55800. NCDEX - Kedia Advisory

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Jeera

Observations

Jeera trading range for the day is 52200-57340.

Jeera gains on low level recovery amid limited availability of quality crop.

Global demand of Indian jeera slumped as most of buyers preferred other destinations like Syria and Turkey

Export is likely to remain down in upcoming months as per the export seasonality.

In Unjha, a major spot market, the price ended at 56746.9 Rupees gained by 0.64 percent.

 BUY JEERA NOV @ 54500 SL 54000 TGT 55200-55800. NCDEX



DHANIYA

Observations

Dhaniya trading range for the day is 6830-6982.

Dhaniya prices dropped amid huge stocks with farmers and stockists

However, downside seen limited amid increased festive buying along with robust export demand.

India's increased coriander production has led to a decline in the country's imports from other coriander-producing nations

In Gondal, a major spot market, the price ended at 7039.15 Rupees gained by 0.26 percent.  

BUY DHANIYA OCT @ 6850 SL 6750 TGT 6950-7050. NCDEX



TURMERIC

Observations

Turmeric trading range for the day is 13594-14678.

Turmeric gains due to the potential for yield losses

Crop condition is satisfactory and it will be ready for harvest ready for harvest during January to March.

Support is also evident for improved export opportunities.

In Nizamabad, a major spot market, the price ended at 13638.15 Rupees dropped by -1.01 percent.

BUY TURMERIC DEC @ 14000 SL 13700 TGT 14400-14600. NCDEX 

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