Powered by: Motilal Oswal
2026-10-12 10:33:20 am | Source: Kedia Advisory
Buy Turmeric DEC @ 22800 SL 22500 TGT 23100-23400. NCDEX - Kedia Advisory
Buy Turmeric DEC @ 22800 SL 22500 TGT 23100-23400. NCDEX - Kedia Advisory

JEERA

BUY JEERA NOV @ 25000 SL 24700 TGT 25300-25500. NCDEX

Observations

Jeera trading range for the day is 24210-26290. 

Jeera gained amid continued tightness in nearby months with traders monitoring early sowing signals and festival demand.

Farmers were reportedly holding back cumin stocks in anticipation of better prices during the October sowing window.

Improved overseas buying is important and export demand can absorb domestic supply during the lean season.

In Unjha, a major spot market, the price ended at 24626 Rupees gained by 0.97 percent.

 

DHANIYA

BUY DHANIYA DEC @ 16200 SL 15900 TGT 16500-16800. NCDEX

Observations

Dhaniya trading range for the day is 15952-17128.

Dhaniya dropped on profit booking and a lack of robust buying interest in the physical markets.

Rajasthan markets continue to quote elevated coriander seed prices, while weather uncertainty ahead of the new crop is adding a risk premium.

India’s dhaniya exports declined 16% YoY to 2,703 tonnes in July-2026 from 3,233 tonnes in July-2025.

In Gondal, a major spot market, the price ended at 15877.9 Rupees gained by 0.12 percent.

 

TURMERIC

BUY TURMERIC DEC @ 22800 SL 22500 TGT 23100-23400. NCDEX

Observations

Turmeric trading range for the day is 22116-23696.

Turmeric gained on renewed demand and reduced stockist selling, amid tight spot supply.

Support also seen as drought conditions in Karnataka have severely affected crop, raising concerns over production.

Stockholders, are now withholding stocks after earlier liquidation phases, effectively tightening spot availability just as demand improves

In Nizamabad, a major spot market, the price ended at 21378.4 Rupees dropped by -0.08 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