Sell Dhaniya Nov @ 8650 SL 8750 TGT 8550-8450. NCDEX - Kedia Advisory
JEERA
SELL JEERA NOV @ 20200 SL 20500 TGT 19900-19700. NCDEX
Observations
Jeera trading range for the day is 19970-20290.
Jeera gains on short covering after prices dropped due to weak export demand post retail season.
Jeera exports during Apr - Aug 2025, dropped by 17.02 percent at 85977.39 tonnes as compared to 103614.50 tonnes exported during Apr - Aug 2024.
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 20264.1 Rupees dropped by -0.38 percent.
DHANIYA
SELL DHANIYA NOV @ 8650 SL 8750 TGT 8550-8450. NCDEX
Observations
Dhaniya trading range for the day is 8332-8800.
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 8236.7 Rupees dropped by -0.38 percent.
TURMERIC
SELL TURMERIC DEC @ 15000 SL 15200 TGT 14750-14600. NCDEX
Observations
Turmeric trading range for the day is 14724-15200.
Turmeric dropped amid increase in acreage due to favourable rains during the current sowing season.
However downside seen limited as yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.
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 14981.85 Rupees dropped by -0.76 percent.
