BUY TURMERIC OCT @ 14300 SL 14000 TGT 14700-15000. NCDEX - Kedia Advisory
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JEERA
Observation
Jeera trading range for the day is 24650-26130.
Jeera gains amid robust domestic and export demand besides tight global supplies.
China's cumin output soared to over 55-60 thousand tons from the previous 28-30 thousand tons.
Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.
In Unjha, a major spot market, the price ended at 25479.45 Rupees dropped by -0.03 percent.
BUY JEERA SEP @ 25000 SL 24600 TGT 25500-25800. NCDEX
DHANIYA
Observation
Dhaniya trading range for the day is 6728-6840.
Dhaniya 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 6902.5 Rupees gained by 0.01 percent.
BUY DHANIYA SEP @ 6750 SL 6650 TGT 6850-6950. NCDEX
TURMERIC
Observation
Turmeric trading range for the day is 13846-15626.
Turmeric dropped as demand remains limited, as buyers are reluctant to make purchases.
Pressure also seen amid news of increased sowing. In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.
In Nizamabad, a major spot market, the price ended at 15753.85 Rupees dropped by -0.47 percent.
BUY TURMERIC OCT @ 14300 SL 14000 TGT 14700-15000. NCDEX
