Buy Turmeric Oct@ 14200 SL 13800 TGT 14600-14800. NCDEX - Kedia Advisory
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JEERA
Observation
Jeera trading range for the day is 26070-27190.
Jeera gains amid robust domestic and export demand besides tight global supplies.
Farmers holding back their stocks on expectation of better prices too bolstered prices.
Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.
In Unjha, a major spot market, the price ended at 26254.3 Rupees gained by 0.17 percent.
BUY JEERA OCT @ 26500 SL 26200 TGT 26900-27200. NCDEX
DHANIYA
Observation
Dhaniya trading range for the day is 7198-7458.
Dhaniya dropped on profit booking due to good arrivals in major markets.
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 7342.9 Rupees gained by 0.34 percent.
BUY DHANIYA OCT @ 7250 SL 7150 TGT 7350-7450. NCDEX
TURMERIC
Observation
Turmeric trading range for the day is 14020-14712.
Turmeric dropped on profit booking amid news of increased sowing.
However downside seen limited amid tighter supplies in the market and emerging buying from stockists.
Turmeric sowing on the Erode line is reported to be double as compared to last year
In Nizamabad, a major spot market, the price ended at 14651.55 Rupees gained by 0.48 percent.
BUY TURMERIC OCT @ 14200 SL 13800 TGT 14600-14800. NCDEX
