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
