Sell Dhaniya Oct @ 16500 SL 16700 TGT 16300-16100. NCDEX - Kedia Advisory
Jeera
SELL JEERA SEP @ 20800 SL 21000 TGT 20500-20300. NCDEX
Observations
Jeera trading range for the day is 20490-20950.
Jeera dropped as farmers are aggressively liquidating stocks to generate immediate cash flow.
Pressure seen amid a sharp decline in Chinese demand and weak buying from West Asian countries.
India still has adequate stocks from the previous season, keeping market supplies comfortable.
In Unjha, a major spot market, the price ended at 20515.9 Rupees dropped by -0.15 percent.
Dhaniya
SELL DHANIYA OCT @ 16500 SL 16700 TGT 16300-16100. NCDEX
Observations
Dhaniya trading range for the day is 15536-17044.
Dhaniya gains as latest industry reports confirm a third consecutive year of declining production.
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 15626.35 Rupees gained by 0.68 percent.
Turmeric
SELL TURMERIC OCT @ 21200 SL 21500 TGT 20900-20700. NCDEX
Observations
Turmeric trading range for the day is 20570-21578.
Turmeric gains amid a hand-to-mouth supply situation, and fears of El Nino impact the crop
The carryforward stocks we had in the past 3-4 years have declined.
Continued dry conditions during the early growth and development stages could adversely affect yields, thereby further supporting prices.
In Nizamabad, a major spot market, the price ended at 20102.4 Rupees dropped by -0.04 percent.
