Sell Jeera MAY @ 22000 SL 22300 TGT 21700-21500. NCDEX - Kedia Advisory
Jeera
SELL JEERA MAY @ 22000 SL 22300 TGT 21700-21500. NCDEX
Observations
Jeera trading range for the day is 21510-22170.
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 21659.6 Rupees dropped by -0.42 percent.
Dhaniya
SELL DHANIYA MAY @ 13100 SL 13400 TGT 12800-12600. NCDEX
Observations
Dhaniya trading range for the day is 12760-13408.
Dhaniya dropped on profit booking as arrivals in major hubs have accelerated after fiscal year-end activities in late March.
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 12766.25 Rupees dropped by -0.8 percent.
Turmeric
SELL TURMERIC MAY @ 16000 SL 16300 TGT 15700-15500. NCDEX
Observations
Turmeric trading range for the day is 15278-16262.
Turmeric dropped as traders and stockists are liquidating long positions after prices recently gained amid lower-than-normal arrivals.
Short-term global demand momentum has softened, causing a temporary pile-up of domestic spice stocks.
High prices prompted farmers to release their stored inventories before the peak season ends.
In Nizamabad, a major spot market, the price ended at 16217.35 Rupees dropped by -0.39 percent.
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