Buy Turmeric DEC @ 13500 SL 13200 TGT 13900-14100. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 44840-48720.
Jeera dropped as adequate soil moisture, and favorable weather condition for crop will boost the overall sowing activities.
The upcoming sowing of jeera that is expected to remain normal due to favorable weather condition.
Stockists are showing interest in buying on recent downfall in prices triggering short covering.
In , a major spot market, the price ended at Rupees dropped by percent.
BUY JEERA NOV @ 46200 SL 45500 TGT 47000-47500. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7094-7542
Dhaniya gained on low level buying after prices dropped amid huge stocks with farmers and stockists
Dhaniya exports during Apr-Aug 2023, rose by 261.69 percent at 67,120.65 tonnes as compared to Apr-Aug 2022.
India's increased coriander production has led to a decline in the country's imports from other coriander-producing nations.
In , a major spot market, the price ended at Rupees dropped by percent.
BUY DHANIYA NOV @ 7250 SL 7150 TGT 7350-7450. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 13124-14200.
Turmeric gained due to the potential for yield losses caused by the crop's anticipated unfavourable October weather.
However, upside seen limited amid improved crop condition due to favorable weather condition.
Expectations for a 20–25 percent decline in turmeric seeding this year
In , a major spot market, the price ended at Rupees dropped by percent.
BUY TURMERIC DEC @ 13500 SL 13200 TGT 13900-14100. NCDEX
