Sell Jeera NOV @ 41000 SL 41600 TGT 40200-39700. NCDEX - Kedia Advisory
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Jeera
Observations
Jeera trading range for the day is 39400-42760.
Jeera dropped as adequate soil moisture, and favorable weather condition for crop will boost the overall sowing activities. T
he upcoming sowing of jeera that is expected to remain normal due to favorable weather condition.
Stockists are showing interest in buying on recent downfall in prices triggering short covering.
In Unjha, a major spot market, the price ended at 42828.4 Rupees dropped by -0.77 percent
SELL JEERA NOV @ 41000 SL 41600 TGT 40200-39700. NCDEX
Dhaniya
Observations
Dhaniya trading range for the day is 7136-7576.
Dhaniya gained on short covering after prices dropped amid huge stocks with farmers and stockists
Dhaniya exports during Apr-Aug 2023, rose by 261.69 percent at 67,120.65 tonnes as compared to Apr-Aug 2022.
India's increased coriander production has led to a decline in the country's imports from other coriander-producing nations. I
n Gondal, a major spot market, the price ended at 7352.95 Rupees dropped by -0.07 percent.
BUY DHANIYA NOV @ 7350 SL 7250 TGT 7450-7550. NCDEX
Turmeric
Observations
Turmeric trading range for the day is 13150-14374.
Turmeric dropped amid improved crop condition due to favorable weather condition.
However, downside seen limited due to the potential for yield losses caused.
Expectations for a 20–25 percent decline in turmeric seeding this year
In Nizamabad, a major spot market, the price ended at 13657.85 Rupees gained by 0.44 percent.
BUY TURMERIC DEC @ 13300 SL 13000 TGT 13800-14100. NCDEX
