Buy Turmeric Oct @ 14300 SL 14000 TGT 14600-14800. NCDEX - Kedia Advisory
JEERA
Observation
Jeera trading range for the day is 26310-27190.
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 26318.7 Rupees dropped by -0.02 percent.
BUY JEERA OCT @ 26700 SL 26300 TGT 27200-27400. NCDEX
DHANIYA
Observation
Dhaniya trading range for the day is 7216-7372.
Dhaniya settled flat 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 7312.1 Rupees dropped by -0.15 percent.
BUY DHANIYA OCT @ 7250 SL 7150 TGT 7350-7450. NCDEX
TURMERIC
Observation
Turmeric trading range for the day is 14106-14758.
Turmeric gains amid reports of crop damage due to heavy rains in Nanded and Hingoli areas.
Total arrivals were reported at 14,915 bags, lower than the previous session's 16,975 bags.
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 14605.35 Rupees dropped by -0.32 percent.
BUY TURMERIC OCT @ 14300 SL 14000 TGT 14600-14800. NCDEX