SELL JEERA MAR @ 23200 SL 23500 TGT 22900-22600. NCDEX - Kedia Advisory
Jeera
SELL JEERA MAR @ 23200 SL 23500 TGT 22900-22600. NCDEX
Observations
Jeera trading range for the day is 22570-23670.
Jeera dropped due to profit booking 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.
However downside seen limited as weather issues and delayed sowing are keeping cumin prices strong.
In Unjha, a major spot market, the price ended at 23120.95 Rupees dropped by -0.45 percent.
Dhaniya
SELL DHANIYA APR @ 11100 SL 11300 TGT 10900-10700. NCDEX
Observations
Dhaniya trading range for the day is 10744-11540.
Dhaniya dropped on profit booking after 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 10644.95 Rupees dropped by -0.56 percent.
