Jeera trading range for the day is 25150-26110 - Kedia Advisory
Jeera
Observations
Jeera trading range for the day is 25150-26110.
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 25565.2 Rupees dropped by -0.63 percent.
BUY JEERA SEP @ 25300 SL 24800 TGT 25800-26200. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 6742-6898.
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 6993.75 Rupees gained by 0.01 percent.
BUY DHANIYA SEP @ 6800 SL 6700 TGT 6900-7000. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 13422-14702.
Turmeric gains amid tighter supplies in the market and emerging buying from stockists.
However upside seen limited amid news of increased sowing. Ex
In Indonesia, dry weather has accelerated harvesting, which is currently at peak levels.
In Nizamabad, a major spot market, the price ended at 14470.65 Rupees gained by 1.45 percent.
BUY TURMERIC OCT @ 14000 SL 13700 TGT 14400-14700. NCDEX
