Buy Jeera Oct @ 26200 SL 25800 TGT 26600-26900. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 26050-26690.
Jeera dropped as the expectation of higher production weighed on the prices. However downside seen limited amid robust domestic and export demand besides tight global supplies.
Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.
In Unjha, a major spot market, the price ended at 26521.35 Rupees dropped by -0.06 percent.
BUY JEERA OCT @ 26200 SL 25800 TGT 26600-26900. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7308-7508.
Dhaniya dropped due to good arrivals in major markets.
Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation.
Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation
In Gondal, a major spot market, the price ended at 7388.05 Rupees gained by 0.29 percent.
BUY DHANIYA OCT @ 7350 SL 7250 TGT 7450-7550. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 13650-14074.
Turmeric dropped on profit booking after prices gained amid reports of crop damage due to heavy rains
Total arrivals were reported at 14,915 bags, lower than the previous session's 16,975 bags.
Turmeric sowing on the Erode line is reported to be double as compared to last year
In Nizamabad, a major spot market, the price ended at 14495.55 Rupees dropped by -0.56 percent.
BUY TURMERIC OCT @ 13700 SL 13400 TGT 14100-14400. NCDEX
