Dhaniya trading range for the day is 7392-7688 - Kedia Advisory
JEERA
BUY JEERA AUG @ 19600 SL 19300 TGT 19800-20000. NCDEX
Observations
Jeera trading range for the day is 19330-20330.
Jeera dropped due to weak domestic and export demand post retail season.
However downside seen limited on strong export demand and easing geopolitical concerns.
Total arrivals witnessed a marginal increase to 12,000 bags (55 kg each) as against 11,800 bags on the previous day.
In Unjha, a major spot market, the price ended at 20365.25 Rupees dropped by -0.06 percent.
DHANIYA
BUY DHANIYA AUG @ 7500 SL 7400 TGT 7600-7700. NCDEX
Observations
Dhaniya trading range for the day is 7392-7688.
Dhaniya dropped amid increased arrivals and sluggish buying activity.
Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags in the previous session.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 7433.4 Rupees dropped by -0.29 percent.
TURMERIC
BUY TURMERIC AUG @ 13400 SL 13200 TGT 13600-13800. NCDEX
Observations
Turmeric trading range for the day is 13244-13664.
Turmeric gains on short covering after prices dropped due to expected increase in acreage
Turmeric acreage is expected to increase by 15-20% this season, supported by low competitive crop prices.
In April 2025 around 14,956.80 tonnes were exported as against 14,109.10 tonnes in April 2024 showing a rise of 6%.
In Nizamabad, a major spot market, the price ended at 14084.45 Rupees gained by 0.05 percent.
