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2026-04-23 12:28:26 pm | Source: Kedia Advisory
Sell Jeera MAY @ 21300 SL 21600 TGT 21000-20700. NCDEX - Kedia Advisory
Sell Jeera MAY @ 21300 SL 21600 TGT 21000-20700. NCDEX - Kedia Advisory

Jeera

SELL JEERA MAY @ 21300 SL 21600 TGT 21000-20700. NCDEX

Observations

Jeera trading range for the day is 20720-21880.

Jeera prices fell as steady Unjha arrivals near 28,500 bags capped upside potential

Intense heatwaves in Gujarat during the final maturation stage have resulted in shriveled grains, reducing the supply of bold-grade Jeera.

Outbreaks of blight disease in key Gujarat pockets have reduced the quality and quantity of the harvestable crop

In Unjha, a major spot market, the price ended at 21548.95 Rupees gained by 0.25 percent.

 

 

Dhaniya

SELL DHANIYA MAY @ 13800 SL 14100 TGT 13500-13200. NCDEX

Observations

Dhaniya trading range for the day is 13260-13976.

Dhaniya gains as latest industry reports confirm a third consecutive year of declining production.

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 13089.9 Rupees dropped by -0.6 percent.

 

 

Turmeric

SELL TURMERIC MAY @ 16300 SL 16600 TGT 16000-15700. NCDEX

Observations

Turmeric trading range for the day is 15858-16418.

Turmeric dropped amid increased offloading of stock by farmers to secure funds for the upcoming Kharif season.

Large stockists and traders who bought at lower levels in March have engaged in profit-booking, adding supply-side pressure.

Ongoing quality issues due to moisture (rhizome rot) in low-lying fields have reduced the availability of "Double Polished" export-quality turmeric.

In Nizamabad, a major spot market, the price ended at 15911.35 Rupees gained by 0.13 percent.

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