Sell Dhaniya Aug @ 15900 SL 16100 TGT 15700-15500. NCDEX - Kedia Advisory
Jeera
SELL JEERA AUG @ 21100 SL 21400 TGT 20800-20600. NCDEX
Observations
Jeera trading range for the day is 20880-21280.
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow for the Kharif sowing season.
Favorable weather in North-West India allowed farmers to complete harvesting and drying faster than expected, accelerating the delivery timeline.
NCDEX warehouse stocks have shown a steady build-up, reducing the urgency for spot procurement by traders.
In Unjha, a major spot market, the price ended at 20755.35 Rupees dropped by -0.35 percent.
Dhaniya
SELL DHANIYA AUG @ 15900 SL 16100 TGT 15700-15500. NCDEX
Observations
Dhaniya trading range for the day is 15100-16556.
Dhaniya dropped on profit booking amid there is currently 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 15991.65 Rupees dropped by -0.1 percent.
Turmeric
SELL TURMERIC AUG @ 21100 SL 21400 TGT 20800-20600. NCDEX
Observations
Turmeric trading range for the day is 20518-21550.
Turmeric dropped as recent improvements in monsoon rains have slightly eased concerns regarding the upcoming crop.
Traders are closely monitoring whether the improved weather will translate into sustained production.
However, downside seen limited due to lower arrivals, tight spot supplies, steady export demand.
In Nizamabad, a major spot market, the price ended at 20150.35 Rupees dropped by -1.1 percent.
