Buy Jeera Oct @ 26200 SL 25800 TGT 26600-26900. NCDEX -Kedia Advisory
Jeera
Observations
Jeera trading range for the day is 26010-26690.
Jeera gains amid robust domestic and export demand besides tight global supplies.
However upside seen limited as the expectation of higher production weighed on the prices.
Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.
In Unjha, a major spot market, the price ended at 26248.9 Rupees gained by 0.21 percent.
BUY JEERA OCT @ 26200 SL 25800 TGT 26600-26900. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7148-7468.
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 7385.45 Rupees gained by 0.42 percent.
BUY DHANIYA OCT @ 7200 SL 7100 TGT 7300-7400. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 13372-13892.
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 14424.05 Rupees dropped by -0.49 percent.
BUY TURMERIC OCT @ 13500 SL 13200 TGT 13800-14000. NCDEX