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2026-04-16 12:38:22 pm | Source: Kedia Advisory
Sell Jeera MAY @ 22000 SL 22300 TGT 21700-21500. NCDEX - Kedia Advisory
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 21630-22190.

Jeera settled flat 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 21726.85 Rupees gained by 0.16 percent.

 

 

Dhaniya

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

Observations

Dhaniya trading range for the day is 12382-13378.

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 12721.15 Rupees dropped by -0.13 percent.

 

 

Turmeric

SELL TURMERIC MAY @ 16000 SL 16300 TGT 15700-15500. NCDEX

Observations

Turmeric trading range for the day is 15184-16460.

Turmeric gained amid lower-than-normal arrivals of the new crop in major physical markets.

Farmers and stockists are reportedly holding back their produce, anticipating even higher prices in the coming weeks.

Unseasonal rains and disease pressure in key growing regions like Maharashtra and Telangana during the late growth stages have negatively impacted yields.

In Nizamabad, a major spot market, the price ended at 15796.25 Rupees dropped by -2.6 percent.

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