Buy Turmeric OCT @ 13750 SL 13500 TGT 14050-14250. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 59390-65770.
Jeera prices gained due to a decrease in supplies.
The increased demand for jeera during festivals has piqued the interest of stockists
Drier weather condition in Gujarat will also lead to rise in arrivals that will cap the upwards move.
In Unjha, a major spot market, the price ended at 60911.75 Rupees gained by 0.17 percent.
BUY JEERA OCT @ 62500 SL 62000 TGT 63200-63700. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 6968-7324.
Dhaniya prices gained on increased festive buying.
The lower price levels and higher stocks have significantly boosted coriander exports in May 2023.
India's increased coriander production has led to a decline in the country's imports from other coriander-producing nations.
In Gondal, a major spot market, the price ended at 7182.85 Rupees gained by 0.31 percent.
BUY DHANIYA OCT @ 7100 SL 7000 TGT 7200-7300. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 13598-14294.
Turmeric prices gained as buying activities has improved.
Supplies are down whereas production prospects are also looking bleak
The upcoming week is expected to bring normal to above-normal rainfall to Maharashtra and Telangana
In Nizamabad, a major spot market, the price ended at 13620.05 Rupees gained by 0.16 percent.
BUY TURMERIC OCT @ 13750 SL 13500 TGT 14050-14250. NCDEX
