Buy Turmeric Dec @ 14900 SL 14600 TGT 15200-15500. NCDEX - Kedia Advisory
JEERA
BUY JEERA NOV @ 20000 SL 19700 TGT 20300-20500. NCDEX
Observations
Jeera trading range for the day is 19700-20400
Jeera ended with gains on level buying amid low arrivals.
Support seen after GST council lowers GST rate to 5% which will support FMCG exports & domestic demand.
Jeera exports during Apr - Aug 2025, dropped by 17.02 percent at 85977.39 tonnes as compared to Apr - Aug 2024.
In Unjha, a major spot market, the price ended at 19808.5 Rupees dropped by -0.51 percent.
DHANIYA
SELL DHANIYA NOV @ 8250 SL 8350 TGT 8150-8050. NCDEX
Observations
Dhaniya trading range for the day is 7792-8456.
Dhaniya droppedon profit booking after prices gained due to shortage of good quality stocks.
Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags in the previous session.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 8024.5 Rupees gained by 0.62 percent.
TURMERIC
BUY TURMERIC DEC @ 14900 SL 14600 TGT 15200-15500. NCDEX
Observations
Turmeric trading range for the day is 14266-15694.
Turmeric gains as yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.
Due to continuous rains in Erode, disease outbreaks have started emerging in some areas.
Recent heavy rainfall in Nanded has adversely affected the region's turmeric cultivation, damaging approximately 15% of the crop area.
In Nizamabad, a major spot market, the price ended at 14614.3 Rupees gained by 0.6 percent.
