Sell Dhaniya Dec @ 8600 SL 8700 TGT 8500-8400. NCDEX - Kedia Advisory
JEERA
SELL JEERA DEC @ 21500 SL 21800 TGT 21200-21000. NCDEX
Observations
Jeera trading range for the day is 20470-21970
Jeera prices rose as weather issues and delayed sowing are keeping cumin prices strong.
Farmers are struggling to start sowing due to uneven rainfall.
Gujarat, is seeing one of the slowest sowing seasons in years because fields are not ready.
In Unjha, a major spot market, the price ended at 21134.4 Rupees gained by 0.47 percent.
DHANIYA
SELL DHANIYA DEC @ 8600 SL 8700 TGT 8500-8400. NCDEX
Observations
Dhaniya trading range for the day is 8380-8684.
Dhaniya prices gained due to shortage of good quality stocks.
Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags in the previous session.
A large amount of old stock coming into the market as well as new crop weighed on prices.
In Gondal, a major spot market, the price ended at 8276.45 Rupees gained by 0.3 percent.
TURMERIC
SELL TURMERIC DEC @ 14400 SL 14600 TGT 14200-14000. NCDEX
Observations
Turmeric trading range for the day is 14024-14736.
Turmeric gained as yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.
Due to continuous rains in Erode, disease outbreaks have started emerging in some areas.
Support also seen as recent rainfall has caused damage to standing turmeric crops in major growing regions.
In Nizamabad, a major spot market, the price ended at 14863.85 Rupees dropped by -0.52 percent.
