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2026-11-03 10:28:25 am | Source: Kedia Advisory
Sell Jeera NOV @ 26200 SL ABOVE 26600 TGT 25700. NCDEX - Kedia Advisory
Sell Jeera NOV @ 26200 SL ABOVE 26600 TGT 25700. NCDEX - Kedia Advisory

JEERA

SELL JEERA NOV @ 26200 SL ABOVE 26600 TGT 25700. NCDEX

Observation

Jeera trading range for the day is 25660-26410.

Jeera dropped on profit booking amid expectations of stable-to-higher sowing acreage in Saurashtra and western Rajasthan.

With temperatures cooling and favorable residual soil moisture post-monsoon, market participants are monitoring early field preparations.

The seasonal peak in domestic retail and wholesale pipeline replenishment moderated, slowing down dispatch.

In Unjha, a major spot market, the price ended at 26085.8 Rupees gained by 0.1 percent.

 

DHANIYA

SELL DHANIYA DEC @ 15700 SL ABOVE 16000 TGT 15000. NCDEX

Observation

Dhaniya trading range for the day is 14970-16290.

Dhaniya slipped on profit-booking amid favorable weather boosting early winter sowing sentiment.

Processing units and bulk masala manufacturers scaled back purchases, citing expensive physical quotes.

The seasonal dispatch peak seen ahead of Diwali and regional festivities has tapered off.

In Gondal, a major spot market, the price ended at 15924.4 Rupees dropped by 1.46 percent.

 

TURMERIC

SELL TURMERIC DEC @ 26800 SL ABOVE 27200 TGT 26200. NCDEX

Observations

Turmeric trading range for the day is 26110-27130.

Turmeric dropped amid active profit booking after prices rallied due to prevailing tight pipeline supplies and lower overall acreage estimates.

Overseas inquiries from key destinations in Bangladesh, the Middle East, and Southeast Asia slowed down temporarily as buyers waited for price stability.

Physical trade sentiment across Nizamabad, Sangli, and Erode turned slightly cautious, with traders noting that physical off-take thinned out at current price quotes.

In Nizamabad, a major spot market, the price ended at 25170.6 Rupees dropped by 0 percent.

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