Powered by: Motilal Oswal
2026-05-08 11:25:10 am | Source: Kedia Advisory
SELL DHANIYA MAY @ 13000 SL 13200 TGT 12800-12600. NCDEX - Kedia Advisory
SELL DHANIYA MAY @ 13000 SL 13200 TGT 12800-12600. NCDEX - Kedia Advisory

JEERA

SELL JEERA MAY @ 20500 SL 20800 TGT 20200-20000. NCDEX

Observations

Jeera trading range for the day is 20040-20480.

Jeera dropped as fresh crop arrivals from key Rajasthan hubs have increased

Favorable weather conditions across North-West India allowed farmers to complete harvesting faster than expected.

Farmers are actively offloading stocks to generate liquidity for the upcoming Kharif planting season, adding continuous sell-side pressure.

In Unjha, a major spot market, the price ended at 20301.7 Rupees dropped by -0.64 percent.

 

DHANIYA

SELL DHANIYA MAY @ 13000 SL 13200 TGT 12800-12600. NCDEX

Observations

Dhaniya trading range for the day is 12576-13032.

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 12695.75 Rupees dropped by -0.36 percent.

 

TURMERIC

SELL TURMERIC MAY @ 16600 SL 16900 TGT 16300-16000. NCDEX

Observations

Turmeric trading range for the day is 16360-16744.

Turmeric gains as arrivals have remained lower than normal for this peak season

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

Lingering tensions in the Middle East continue to complicate export logistics, causing some buyers to defer commitments.

In Nizamabad, a major spot market, the price ended at 15825 Rupees gained by 0.63 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