Sell Jeera MAY @ 20200 SL 20500 TGT 19800-19500. NCDEX - Kedia Advisory
Jeera
SELL JEERA MAY @ 20200 SL 20500 TGT 19800-19500. NCDEX
Observations
Jeera trading range for the day is 19370-21290.
Jeera dropped as daily arrivals at the Unjha have stabilized at high level, approx. 28,500 bags, creating a visible supply glut.
Favorable weather conditions across North-West India, resulting in a "supply spike".
Farmers are actively offloading stocks this week to generate liquidity for the upcoming Kharif planting season, adding continuous sell-side pressure.
In Unjha, a major spot market, the price ended at 20861.35 Rupees dropped by -0.79 percent.
Dhaniya
SELL DHANIYA MAY @ 13200 SL 13500 TGT 12900-12700. NCDEX
Observations
Dhaniya trading range for the day is 12600-13348.
Dhaniya dropped on profit booking as arrivals in major hubs have accelerated after fiscal year-end activities in late March.
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 12890.7 Rupees gained by 0.16 percent.
Turmeric
SELL TURMERIC MAY @ 16300 SL 16600 TGT 15800-15600. NCDEX
Observations
Turmeric trading range for the day is 15596-16772.
Turmeric dropped as daily arrivals across Nizamabad, Erode, and Hingoli have accelerated, creating a temporary "supply glut".
Lingering tensions in the Middle East continue to complicate export logistics, causing some buyers to defer commitments.
The absence of fresh weather disruptions during the post-harvest phase has effectively removed the "weather risk premium."
In Nizamabad, a major spot market, the price ended at 15812.25 Rupees dropped by -1.04 percent.
