Buy Jeera Oct @ 26200 SL 25800 TGT 26600-26800. NCDEX - Kedia Advisory
JEERA
Observation
Jeera trading range for the day is 26040-26680.
Jeera gains amid robust domestic and export demand besides tight global supplies.
Farmers holding back their stocks on expectation of better prices too bolstered prices.
Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.
In Unjha, a major spot market, the price ended at 26054.65 Rupees dropped by -0.13 percent.
BUY JEERA OCT @ 26200 SL 25800 TGT 26600-26800. NCDEX
DHANIYA
Observation
Dhaniya trading range for the day is 7148-7544.
Dhaniya gains on short covering after prices dropped due to good arrivals in major markets.
Daily arrival of 40000 bags witnessed in Ramganj mandi and around 20000 to 30000 bags coming in Kota.
Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation
In Gondal, a major spot market, the price ended at 7286.65 Rupees gained by 0.82 percent.
BUY DHANIYA OCT @ 7300 SL 7200 TGT 7400-7500. NCDEX
TURMERIC
Observation
Turmeric trading range for the day is 13844-14724.
Turmeric gains amid tighter supplies in the market and emerging buying from stockists.
Some support also seen as farmers are holding back stocks in anticipation of a further rise.
However upside seen limited amid news of increased sowing.
In Nizamabad, a major spot market, the price ended at 14581.5 Rupees dropped by -0.18 percent.
BUY TURMERIC OCT @ 14200 SL 13800 TGT 14600-14800. NCDEX
