Buy Turmeric Dec @ 13000 SL 12700 TGT 13300-13500. NCDEX - Kedia Advisory
Jeera
Observations
Jeera trading range for the day is 24600-25860.
Jeera gained as sowing has been delayed in Gujarat and Rajasthan on weather issues.
Higher day temperatures in the past few weeks has impacted the seeding of jeera and has also led to poor germination in various places.
In Gujarat, jeera sowing has taken place in only 57,915 hectares till November 25 during the rabi 2024-25 cropping season.
In Unjha, a major spot market, the price ended at 24898.4 Rupees gained by 0.1 percent.
BUY JEERA DEC @ 25100 SL 24800 TGT 25500-25800. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7730-8050.
Dhaniya gains driven by the opening of export markets and consistent demand driven by domestic purchases.
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 7855.35 Rupees gained by 0.14 percent.
BUY DHANIYA DEC @ 7850 SL 7750 TGT 7950-8050. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 12888-13716.
Turmeric dropped on profit booking after prices rose on strong buying activity amid reports of low supplies.
Turmeric arrivals rose to 9,030 bags from 7,965 bags in the previous session.
Although crop acreage has improved, delay in harvesting due to prolonged rains may impact the timelines of fresh supplies.
In Nizamabad, a major spot market, the price ended at 13916.8 Rupees dropped by -1.43 percent.
BUY TURMERIC DEC @ 13000 SL 12700 TGT 13300-13500. NCDEX