Buy Jeera NOV @ 55200 SL 54700 TGT 55800-56200. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 53950-57010.
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 56884.95 Rupees dropped by -0.19 percent.
BUY JEERA NOV @ 55200 SL 54700 TGT 55800-56200. NCDEX
DHANIYA
Observations
Dhaniya trading range for the day is 6750-6962.
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 7003 Rupees dropped by -0.11 percent.
BUY DHANIYA NOV @ 6800 SL 6700 TGT 6900-7000. NCDEX
TURMERIC
Observations
Turmeric trading range for the day is 13210-14630.
Turmeric dropped amid improved crop condition due to favorable weather condition.
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 13705.6 Rupees gained by 0.49 percent
SELL TURMERIC DEC @ 14000 SL 14300 TGT 13600-13200. NCDEX
