Powered by: Motilal Oswal
2026-02-17 12:37:50 pm | Source: Kedia Advisory
BUY TURMERIC APR @ 14800 SL 14500 TGT 15100-15400. NCDEX - Kedia Advisory
BUY TURMERIC APR @ 14800 SL 14500 TGT 15100-15400. NCDEX - Kedia Advisory

Jeera

SELL JEERA MAR @ 22500 SL 22800 TGT 22100-21800. NCDEX

Observations

Jeera trading range for the day is 21740-23040.

Jeera settled down as arrivals of the new crop have started in some markets

Pressure also seen due to comfortable supplies and tepid export interest amid adequate existing stocks.

However downside seen limited as weather issues and delayed sowing are keeping cumin prices strong.

In Unjha, a major spot market, the price ended at 22540.7 Rupees dropped by -0.43 percent.

 

Dhaniya

SELL DHANIYA APR @ 10700 SL 10900 TGT 10500-10300. NCDEX

Observations

Dhaniya trading range for the day is 10150-11094.

Dhaniya dropped on profit booking after prices surged driven by lower sowing and rising crop risks.

Arrivals in Rajasthan and Madhya Pradesh are expected to start in full pace from March

As on 02 Feb 2026, sowing in Gujarat seen down by 3.25% to 126,470 hectares compared to last year’s 130,731 hectares.

In Gondal, a major spot market, the price ended at 10423.8 Rupees dropped by 0 percent.

TURMERIC

BUY TURMERIC APR @ 14800 SL 14500 TGT 15100-15400. NCDEX

Observations

Turmeric trading range for the day is 14608-15208.

Turmeric dropped as fresh turmeric arrivals in Erode are expected to increase sharply over the next 10-15 days.

However, downside seen limited as arrivals remain below normal and good domestic and international demand.

For the 2025–26 season, turmeric acreage is estimated at 3.02 lakh hectares, up about 4% year-on-year

In Nizamabad, a major spot market, the price ended at 15555.35 Rupees dropped by -1.37 percent.

 

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here