Buy Jeera NOV @ 57500 SL 57000 TGT 58300-58800. NCDEX - Kedia Advisory
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JEERA
Observations
Jeera trading range for the day is 56470-58510.
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 58527.85 Rupees gained by 0.13 percent.
BUY JEERA NOV @ 57500 SL 57000 TGT 58300-58800. NCDEX
DHANIYA
Observations
Dhaniya trading range for the day is 6672-6988.
Dhaniya prices settled flat 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 7014.8 Rupees gained by 0.04 percent
BUY DHANIYA NOV @ 6800 SL 6700 TGT 6900-7000. NCDEX
TURMERIC
Observations
Turmeric trading range for the day is 12908-14452.
Turmeric gains due to the potential for yield losses caused by the crop's anticipated unfavourable October weather.
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 13519.1 Rupees dropped by -1.36 percent.
BUY TURMERIC DEC @ 13800 SL 13500 TGT 14200-14400. NCDEX
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