Sell Jeera MAY @ 20600 SL 20900 TGT 20300-20000. NCDEX - Kedia Advisory
JEERA
SELL JEERA MAY @ 20600 SL 20900 TGT 20300-20000. NCDEX
Observations
Jeera trading range for the day is 20180-20880.
Jeera dropped as fresh crop arrivals from key Rajasthan hubs have increased.
Favorable weather conditions across North-West India allowed farmers to complete harvesting faster than expected.
Farmers are actively offloading stocks this week to generate liquidity for the upcoming Kharif planting season.
In Unjha, a major spot market, the price ended at 20812.35 Rupees dropped by -0.15 percent.
DHANIYA
SELL DHANIYA MAY @ 12900 SL 13200 TGT 12600-12400. NCDEX
Observations
Dhaniya trading range for the day is 12442-12994.
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 12805.75 Rupees gained by 0.08 percent.
TURMERIC
SELL TURMERIC MAY @ 16100 SL 16400 TGT 15800-15500. NCDEX
Observations
Turmeric trading range for the day is 15722-16154.
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 15576 Rupees gained by 0.01 percent.
