Sell Dhaniya OCT @ 16300 SL 16600 TGT 16000-15700. NCDEX - Kedia Advisory
JEERA
SELL JEERA SEP @ 21100 SL 21400 TGT 20800-20500. NCDEX
Observations
Jeera trading range for the day is 20400-21520
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow.
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 20670.2 Rupees dropped by -0.48 percent
DHANIYA
SELL DHANIYA OCT @ 16300 SL 16600 TGT 16000-15700. NCDEX
Observations
Dhaniya trading range for the day is 16010-16334.
Dhaniya settled flat on profit booking as arrivals have accelerated. 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 15703.9 Rupees dropped by -0.22 percent.
TURMERIC
SELL TURMERIC OCT @ 21000 SL 21300 TGT 20700-20500. NCDEX
Observations
Turmeric trading range for the day is 19978-21574.
Turmeric dropped on profit booking as revival of monsoon activity in mid-July eased dry-weather fears.
Re-sowing completed in North Karnataka following rainfall, crop conditions improve.
NCDEX raised additional/special margins by 7.50% on turmeric futures contracts to curb excessive volatility.
In Nizamabad, a major spot market, the price ended at 20398.9 Rupees dropped by -1.62 percent.
