Buy Turmeric Apr @ 15000 SL 14750 TGT 15250-15400. NCDEX - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Jeera
Observations
Jeera trading range for the day is 23680-24460.
Jeera dropped on profit booking after prices gained as sowing has been delayed
Higher day temperatures in the past few weeks has impacted the seeding of jeera and has also led to poor germination in various places.
Jeera exports during Apr-Oct 2024, rose by 77.37 percent at 135,450.64 tonnes as compared to Apr-Oct 2023.
In Unjha, a major spot market, the price ended at 24177.85 Rupees dropped by -0.64 percent.
BUY JEERA JAN @ 23800 SL 23500 TGT 24150-24350. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7708-7860.
Dhaniya prices gained driven by the opening of export markets
Sowing has been delayed due to excessive soil moisture, limiting future supply.
Lower carryover stocks at production centers further tighten the market.
In Gondal, a major spot market, the price ended at 7868.35 Rupees gained by 0.11 percent.
BUY DHANIYA JAN @ 7750 SL 7650 TGT 7850-7950. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 14792-15664.
Turmeric dropped as turmeric crop is reported to be in good to excellent condition
However downside seen limited amid reports of low supplies till the arrival of new crop.
In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.
In Nizamabad, a major spot market, the price ended at 14167.8 Rupees dropped by -1.3 percent.
BUY TURMERIC APR @ 15000 SL 14750 TGT 15250-15400. NCDEX
