Powered by: Motilal Oswal
2026-04-17 12:24:20 pm | Source: Kedia Advisory
Sell Jeera MAY @ 21800 SL 22100 TGT 21500-21200. NCDEX - Kedia Advisory
Sell Jeera MAY @ 21800 SL 22100 TGT 21500-21200. NCDEX  - Kedia Advisory

Jeera

SELL JEERA MAY @ 22000 SL 22300 TGT 21700-21500. NCDEX

Observations

Jeera trading range for the day is 21330-22030.

Jeera dropped as increasing supplies of fresh cumin crops in Unjha and Rajasthan mandis are weighing down prices.

Global buying interest, particularly from China, remains weak, leading to a domestic stock build-up.

Farmers are rushing to liquidate stocks in local markets to capitalize on current rates.

In Unjha, a major spot market, the price ended at 21589.55 Rupees dropped by -0.02 percent.

 

 

Dhaniya

SELL DHANIYA MAY @ 12900 SL 13200 TGT 12600-12400. NCDEX

Observations

Dhaniya trading range for the day is 12414-13086.

Dhaniya gains as new crop arrivals in Kota and Ramganj are currently lower than historical seasonal averages.

Daily arrivals volumes at key Rajasthan mandis are reportedly hitting the 8,000–10,000 bag mark, which has physically pressured spot prices.

January 2026 exports declined by 30% YoY to 3.09 million kg, indicating short-term weakness in demand.

In Gondal, a major spot market, the price ended at 12472.6 Rupees dropped by -1.06 percent.

 

 

Turmeric

SELL TURMERIC MAY @ 15800 SL 16100 TGT 15500-15200. NCDEX

Observations

Turmeric trading range for the day is 15376-16216.

Turmeric dropped as amid increase in acreage due to favourable rains during the current sowing season.

India’s turmeric crop for the 2026 harvest is shaping up with higher acreage but only moderate supply growth.

However downside seen limited amid lower-than-normal arrivals of the new crop in major physical markets.

In Nizamabad, a major spot market, the price ended at 15816.6 Rupees gained by 0.13 percent.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here