Sell Dhaniya OCT @ 7000 SL 7100 TGT 6900-6800. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 51530-57290.
Jeera prices dropped due to demand due to sluggish export demand.
Global demand of Indian jeera slumped as most of buyers preferred other destinations like Syria and Turkey
Export is likely to remain down in upcoming months as per the export seasonality.
In Unjha, a major spot market, the price ended at 56961.4 Rupees dropped by -0.55 percent.
SELL JEERA NOV @ 54400 SL 54900 TGT 53800-53400. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 6776-7068.
Dhaniya prices dropped amid huge stocks with farmers and stockists
However, downside seen limited amid increased festive buying along with robust export demand.
India's increased coriander production has led to a decline in the country's imports from other coriander-producing nations.
In Gondal, a major spot market, the price ended at 7047.1 Rupees gained by 0.1 percent.
SELL DHANIYA OCT @ 7000 SL 7100 TGT 6900-6800. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 13572-14720.
Turmeric prices dropped amid improved crop conditiondue to favorable weather condition.
Crop condition is satisfactory and it will be ready for harvest ready for harvest during January to March.
Support is also evident for improved export opportunities. In Nizamabad, a major spot market, the price ended at 13777 Rupees dropped by -0.6 percent.
SELL TURMERIC DEC @ 14200 SL 14500 TGT 13800-13600. NCDEX
