Sell Dhaniya Nov @ 8300 SL 8400 TGT 8200-8100. NCDEX - Kedia Advisory
Jeera
SELL JEERA NOV @ 20000 SL 20300 TGT 19700-19400. NCDEX
Observations
Jeera trading range for the day is 19750-20210.
Jeera dropped due to weak export demand post retail season.
Pressure also seen due to comfortable supplies and tepid export interest amid adequate existing stocks.
Traders attributed the fall mainly to the conclusion of the retail season and continued inactivity on the part of foreign buyers.
In Unjha, a major spot market, the price ended at 20083.5 Rupees gained by 0.3 percent.
Dhaniya
SELL DHANIYA NOV @ 8300 SL 8400 TGT 8200-8100. NCDEX
Observations
Dhaniya trading range for the day is 8120-8400.
Dhaniya dropped on profit booking after 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 8140.4 Rupees dropped by -0.28 percent.
Turmeric
SELL TURMERIC DEC @ 15200 SL 15400 TGT 15000-14800. NCDEX
Observations
Turmeric trading range for the day is 14282-15614.
Turmeric gains 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.
Recent heavy rainfall in Nanded has adversely affected the region's turmeric cultivation, damaging approximately 15% of the crop area.
In Nizamabad, a major spot market, the price ended at 14770.4 Rupees gained by 0.59 percent.
