Sell Dhaniya AUG @ 15100 SL 15300 TGT 14900-14700. NCDEX - Kedia Advisory
JEERA
SELL JEERA AUG @ 21100 SL 21400 TGT 20800-20500. NCDEX
Observation
Jeera trading range for the day is 20740-21180.
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow.
Favorable weather in North-West India allowed farmers to complete harvesting and drying faster than expected, accelerating the delivery timeline.
Large industrial spice grinders are staying away from bulk purchases, waiting for the market to bottom out.
In Unjha, a major spot market, the price ended at 20826.15 Rupees dropped by -0.42 percent.
DHANIYA
SELL DHANIYA AUG @ 15100 SL 15300 TGT 14900-14700. NCDEX
Observations
Dhaniya trading range for the day is 14698-15574.
Dhaniya dropped on profit booking and a lack of robust buying interest in the physical markets.
2026 output estimated at just 9.5–9.7 million bags, down from 11 million last year.
Carryover stocks have plummeted to 20–25 lakh bags, a significant drop from the 35–36 lakh bags held in 2025.
In Gondal, a major spot market, the price ended at 15618.85 Rupees dropped by -0.04 percent.
TURMERIC
SELL TURMERIC AUG @ 21800 SL 22100 TGT 21500-21200. NCDEX
Observations
Turmeric trading range for the day is 20402-23382.
Turmeric dropped on profit booking as revival of monsoon activity in mid-July eased dry-weather fears.
Re-sowing completed in North Karnataka following rainfall, crop conditions improve.
NCDEX raised additional/special margins by 7.50% on turmeric futures contracts to curb excessive volatility.
In Nizamabad, a major spot market, the price ended at 20734.25 Rupees dropped by -1.81 percent.
