Powered by: Motilal Oswal
2026-03-24 12:01:03 pm | Source: Kedia Advisory
SELL JEERA APR @ 22000 SL 22300 TGT 21650-21450. NCDEX - Kedia Advisory
SELL JEERA APR @ 22000 SL 22300 TGT 21650-21450. NCDEX - Kedia Advisory

Jeera

SELL JEERA APR @ 22000 SL 22300 TGT 21650-21450. NCDEX

Observations

Jeera trading range for the day is 21110-22390.

Jeera dropped as arrivals of the new crop have started in some markets.

Pressure also seen due to comfortable supplies and tepid export interest amid adequate existing stocks.

Sowing in Gujarat is down 14.34% YoY, covering 4.08 lakh hectares.

In Unjha, a major spot market, the price ended at 21667.85 Rupees dropped by -0.64 percent.

 

Dhaniya

SELL DHANIYA APR @ 11650 SL 11850 TGT 11400-11200. NCDEX

Observations

Dhaniya trading range for the day is 11448-11672.

Dhaniya prices surged driven by lower sowing and rising crop risks.

Arrivals in Rajasthan and Madhya Pradesh are expected to start in full pace from March

As on 02 Feb 2026, sowing in Gujarat seen down by 3.25% to 126,470 hectares compared to last year’s 130,731 hectares.

In Gondal, a major spot market, the price ended at 11119.55 Rupees gained by 0.32 percent.

 

Turmeric

SELL TURMERIC APR @ 14400 SL 14700 TGT 14000-13700. NCDEX

Observations

Turmeric trading range for the day is 13548-14752.

Turmeric dropped as fresh turmeric arrivals in Erode are expected to increase sharply over the next 10-15 days.

Pressure also seen amid increase in acreage due to favourable rains during the current sowing season.

India’s turmeric crop for the 2026 harvest is shaping up with higher acreage but only moderate supply growth.

In Nizamabad, a major spot market, the price ended at 14760.6 Rupees dropped by -1.87 percent.

 

 

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here