Sell Jeera Aug @ 21000 SL 21300 TGT 20700-20500 NCDEX - Kedia Advisory
Jeera
SELL JEERA AUG @ 21000 SL 21300 TGT 20700-20500. NCDEX
Observations
Jeera trading range for the day is 20520-21340.
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow for the Kharif sowing season.
NCDEX warehouse stocks have shown a steady build-up, reducing the urgency for spot procurement by traders.
However downside seen limited amid a rapid tightening in the supply of premium-quality bold seeds.
In Unjha, a major spot market, the price ended at 20519.05 Rupees dropped by -0.31 percent.
Dhaniya
SELL DHANIYA AUG @ 15500 SL 15700 TGT 15300-15100. NCDEX
Observations
Dhaniya trading range for the day is 15108-15608.
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 15490 Rupees gained by 0.01 percent.
Turmeric
SELL TURMERIC AUG @ 20700 SL 21000 TGT 20400-20200. NCDEX
Observations
Turmeric trading range for the day is 19320-22060.
Turmeric dropped on profit booking after prices gained 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.
.jpg)
