Sell Dhaniya OCT @ 16000 SL 16300 TGT 15700-15500. NCDEX - Kedia Advisory
JEERA
SELL JEERA SEP @ 21100 SL 21400 TGT 20800-20600. NCDEX
Observations
Jeera trading range for the day is 20630-21490.
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow for the upcoming season.
Favorable weather in North-West India allowed farmers to complete harvesting and drying faster than expected, accelerating the delivery timeline.
Large industrial spice grinders are staying away from bulk purchases, waiting for the market to bottom out.
In Unjha, a major spot market, the price ended at 20888.6 Rupees gained by 0.02 percent
DHANIYA
SELL DHANIYA OCT @ 16000 SL 16300 TGT 15700-15500. NCDEX
Observations
Dhaniya trading range for the day is 15306-16634.
Dhaniya dropped on profit booking and a lack of robust buying interest in the physical markets.
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 15989 Rupees gained by 0.01 percent.
TURMERIC
SELL TURMERIC OCT @ 20200 SL 20500 TGT 19800-19600. NCDEX
Observations
Turmeric trading range for the day is 19432-21112.
Turmeric dropped on profit booking as revival of monsoon activity eased dry-weather fears.
Re-sowing completed in North Karnataka following rainfall, crop conditions improve.
Traders are closely monitoring whether the improved weather will translate into sustained production.
In Nizamabad, a major spot market, the price ended at 20021.25 Rupees dropped by -0.4 percent.
