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29-08-2024 10:54 AM | Source: Kedia Advisory
Buy Jeera Sep @ 25300 SL 25000 TGT 25650-25850. NCDEX - Kedia Advisory

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JEERA

Observation

Jeera trading range for the day is 25190-25690.

Jeera settled flat as the expectation of higher production weighed on the prices.

China's cumin output soared to over 55-60 thousand tons from the previous 28-30 thousand tons.

Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.

In Unjha, a major spot market, the price ended at 25359.6 Rupees dropped by -0.08 percent.

BUY JEERA SEP @ 25300 SL 25000 TGT 25650-25850. NCDEX

 

DHANIYA

Observation

Dhaniya trading range for the day is 6816-7100.

Dhaniya prices dropped due to good arrivals

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 6902.5 Rupees gained by 0.01 percent.

BUY DHANIYA SEP @ 6950 SL 6850 TGT 7050-7150. NCDEX

 

TURMERIC

Observation

Turmeric trading range for the day is 12240-13976.

Turmeric dropped as demand remains limited, as buyers are reluctant to make purchases.

Pressure also seen amid news of increased sowing.

In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.

In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.

BUY TURMERIC OCT @ 12600 SL 12300 TGT 13000-13200. NCDEX

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