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30-09-2024 10:46 AM | Source: Kedia Advisory
Jeera trading range for the day is 26650-27150 - Kedia Advisory

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Jeera

Observation

Jeera trading range for the day is 26650-27150.

Jeera dropped as the expectation of higher production weighed on the prices.

However downside seen limited amid robust domestic and export demand besides tight global supplies.

Turkey anticipates producing 12-15 thousand tons, while Afghanistan's output could double.

In Unjha, a major spot market, the price ended at 26783.9 Rupees dropped by -0.24 percent.

BUY JEERA OCT @ 26600 SL 26200 TGT 27100-27400. NCDEX

 

 

DHANIYA

Observation

Dhaniya trading range for the day is 7266-7434.

Dhaniya dropped due to good arrivals in major markets.

Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation.

Traders are reporting decline in yield highlighting the challenges faced in coriander cultivation

In Gondal, a major spot market, the price ended at 7372.25 Rupees gained by 0.3 percent

BUY DHANIYA OCT @ 7300 SL 7200 TGT 7400-7500. NCDEX

 

 

TURMERIC

Observation

Turmeric trading range for the day is 13848-14836.

Turmeric dropped on profit booking after prices gained amid reports of crop damage due to heavy rains

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 14678.1 Rupees dropped by -0.22 percent.

BUY TURMERIC OCT @ 14300 SL 14000 TGT 14700-15000. NCDEX

 

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