Sell Jeera Aug @ 21300 SL 21600 TGT 21000-20700. NCDEX - Kedia Advisory
Jeera
SELL JEERA AUG @ 21300 SL 21600 TGT 21000-20700. NCDEX
Observations
Jeera trading range for the day is 20960-21320.
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow for the Kharif sowing season.
Favorable weather in North-West India allowed farmers to complete harvesting and drying faster than expected, accelerating the delivery timeline.
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 20786.7 Rupees gained by 0.02 percent.
Dhaniya
SELL DHANIYA AUG @ 16300 SL 16600 TGT 16000-15800. NCDEX
Observations
Dhaniya trading range for the day is 15646-16566.
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 16019.3 Rupees dropped by -0.02 percent.
Turmeric
SELL TURMERIC AUG @ 21300 SL 21600 TGT 21000-20700. NCDEX
Observations
Turmeric trading range for the day is 19946-21906.
Turmeric dropped as recent improvements in monsoon rains have slightly eased concerns regarding the upcoming crop.
Traders are closely monitoring whether the improved weather will translate into sustained production.
However, downside seen limited due to lower arrivals, tight spot supplies, steady export demand.
In Nizamabad, a major spot market, the price ended at 20374.7 Rupees gained by 0.34 percent.
