Sell Jeera Aug @ 20600 SL 20900 TGT 20300-20100 NCDEX - Kedia Advisory
Jeera
SELL JEERA AUG @ 20600 SL 20900 TGT 20300-20100. NCDEX
Observations
Jeera trading range for the day is 20230-20630.
Jeera dropped on profit booking after prices gained amid a rapid tightening in the supply of premium-quality bold seeds.
Favorable weather in North-West India allowed farmers to complete harvesting and drying faster than expected
NCDEX warehouse stocks have shown a steady build-up, reducing the urgency for spot procurement by traders.
In Unjha, a major spot market, the price ended at 20265.55 Rupees dropped by -0.45 percent.
Dhaniya
SELL DHANIYA AUG @ 15600 SL 15900 TGT 15300-15100. NCDEX
Observations
Dhaniya trading range for the day is 15050-15870.
Dhaniya dropped on profit booking amid there is currently 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 15549.65 Rupees gained by 0.46 percent.
Turmeric
BUY TURMERIC AUG @ 20000 SL 19700 TGT 20400-20700. NCDEX
Observations
Turmeric trading range for the day is 18760-20764.
Turmeric prices rallied due to lower arrivals, tight spot supplies, steady export demand.
Total arrivals were estimated at around 8,500 bags, down sharply from 18,000 bags in the previous session.
Good rainfall has been reported over the past five to six days, which is expected to accelerate sowing activities.
In Nizamabad, a major spot market, the price ended at 18590.15 Rupees gained by 7.9 percent.
