12-09-2024 12:35 PM | Source: Kedia Advisory
BUY TURMERIC OCT @ 14000 SL 13700 TGT 14400-14700. NCDEX - Kedia Advisory

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JEERA

Jeera trading range for the day is 25100-25980.

Jeera gains amid robust domestic and export demand besides tight global supplies.

However upside seen limited as the expectation of higher production weighed on the prices.

Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.

In Unjha, a major spot market, the price ended at 25589.25 Rupees dropped by -0.46 percent.

BUY JEERA OCT @ 25200 SL 24800 TGT 25700-26000. NCDEX

 

DHANIYA

Dhaniya trading range for the day is 6620-6800.

Dhaniya gains on low level buying after prices dropped due to good arrivals.

Daily arrival of 40000 bags witnessed in Ramganj mandi and around 20000 to 30000 bags coming in Kota.

Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation

In Gondal, a major spot market, the price ended at 6951.75 Rupees dropped by -0.44 percent.

BUY DHANIYA SEP @ 6850 SL 6750 TGT 6950-7050. NCDEX

 

TURMERIC

Turmeric trading range for the day is 13832-14380.

Turmeric ended with losses amid news of increased sowing.

However downside seen limited amid tighter supplies in the market and emerging buying from stockists.

In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.

In Nizamabad, a major spot market, the price ended at 14349.7 Rupees gained by 0.14 percent

BUY TURMERIC OCT @ 14000 SL 13700 TGT 14400-14700. NCDEX

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