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2026-07-09 10:25:56 am | Source: Kedia Advisory
Sell Jeera Jul @ 20400 SL 20600 TGT 20200-20000. NCDEX - Kedia Advisory
Sell Jeera Jul @ 20400 SL 20600 TGT 20200-20000. NCDEX - Kedia Advisory

Jeera

SELL JEERA JUL @ 20400 SL 20600 TGT 20200-20000. NCDEX

Observations

Jeera trading range for the day is 19970-20890.

Jeera dropped on profit booking as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow.

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 20484 Rupees dropped by -0.17 percent

 

Dhaniya

SELL DHANIYA AUG @ 15300 SL 15500 TGT 15100-14900. NCDEX

Observations

Dhaniya trading range for the day is 14744-15932.

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 15505.35 Rupees dropped by -0.62 percent.

 

Turmeric

SELL TURMERIC AUG @ 18000 SL 18300 TGT 17700-17500. NCDEX

Observations

Turmeric trading range for the day is 17394-18394.

Turmeric dropped on profit booking as recent improvements in monsoon rains have slightly eased crop concerns.

Traders are closely monitoring whether the improved weather will translate into sustained production

Growing orders for Integrated Pest Management (IPM) certified turmeric from the EU are supporting prices for compliant stocks.

In Nizamabad, a major spot market, the price ended at 17075.5 Rupees gained by 0.99 percent

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