Powered by: Motilal Oswal
2026-05-22 11:38:02 am | Source: Kedia Advisory
SELL DHANIYA JUN @ 12800 SL 13000 TGT 12600-12400. NCDEX
SELL DHANIYA JUN @ 12800 SL 13000 TGT 12600-12400. NCDEX

Jeera

SELL JEERA JUN @ 19800 SL 20100 TGT 19500-19300. NCDEX

Observations

Jeera trading range for the day is 19560-19900.

Jeera gained as recent thunderstorms and hail in Rajasthan have damaged the standing crop at the harvest stage, leading to fears of lower supply.

Sudden unseasonal rains in North-West India delayed the drying and processing of the new crop, creating a temporary supply gap.

While stocks exist, the percentage of high-quality "Sortex" grade carryover is lower than last year, supporting premium pricing.

In Unjha, a major spot market, the price ended at 19955.4 Rupees dropped by -0.22 percent.

 

Dhaniya

SELL DHANIYA JUN @ 12800 SL 13000 TGT 12600-12400. NCDEX

Observations

Dhaniya trading range for the day is 12610-13006.

Dhaniya dropped on profit booking as arrivals have accelerated after fiscal year-end activities in late March.

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 12707.6 Rupees dropped by -0.14 percent.

 

TURMERIC

SELL TURMERIC JUN @ 16300 SL 16600 TGT 16000-15800. NCDEX

Observations

Turmeric trading range for the day is 15892-16512.

Turmeric gained as arrivals have remained lower than normal for this peak season, creating an immediate supply squeeze.

Ongoing quality issues due to moisture (rhizome rot) in low-lying fields have reduced the availability of "Double Polished" export-quality turmeric.

Farmers are liquidating stocks more rapidly this week to raise liquidity for upcoming Kharif sowing expenses, increasing the immediate supply.

In Nizamabad, a major spot market, the price ended at 15550.85 Rupees dropped by -0.01 percent

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here