Sell Dhaniya May @ 13000 SL 13300 TGT 12700-12500. NCDEX - Kedia Advisory
JEERA
SELL JEERA MAY @ 20800 SL 21100 TGT 20500-20200. NCDEX
Observations
Jeera trading range for the day is 19980-21200.
Jeera gains as recent thunderstorms and hail in Rajasthan have damaged the standing crop at the harvest stage.
Sudden unseasonal rains in North-West India delayed the drying and processing of the new crop, creating a temporary supply gap
Daily arrivals at the Unjha mandi have stabilized at high level, approx. 28,500 bags, creating a visible supply glut.
In Unjha, a major spot market, the price ended at 20707.65 Rupees dropped by -0.36 percent.
DHANIYA
SELL DHANIYA MAY @ 13000 SL 13300 TGT 12700-12500. NCDEX
Observations
Dhaniya trading range for the day is 12630-13242.
Dhaniya dropped on profit booking as arrivals in major hubs 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 12834.8 Rupees dropped by -0.67 percent.
TURMERIC
SELL TURMERIC MAY @ 16100 SL 16400 TGT 15800-15500. NCDEX
Observations
Turmeric trading range for the day is 15792-16320.
Turmeric dropped as daily arrivals across Nizamabad, Erode, and Hingoli have accelerated, creating a temporary "supply glut".
Lingering tensions in the Middle East continue to complicate export logistics, causing some buyers to defer commitments.
The absence of fresh weather disruptions during the post-harvest phase has effectively removed the "weather risk premium."
In Nizamabad, a major spot market, the price ended at 15573.9 Rupees dropped by -0.57 percent.
