Sell Jeera OCT @ 22000 SL 22300 TGT 21700-21500. NCDEX - Kedia Advisory
JEERA
SELL JEERA OCT @ 22000 SL 22300 TGT 21700-21500. NCDEX
Observations
Jeera trading range for the day is 21580-21940
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow for the upcoming season.
Favorable weather in North-West India allowed farmers to complete harvesting and drying faster than expected
However downside seen limited amid a rapid tightening in the supply of premium-quality bold seeds.
In Unjha, a major spot market, the price ended at 21541.6 Rupees dropped by -0.07 percent.
DHANIYA
SELL DHANIYA OCT @ 14000 SL 14200 TGT 13700-13500. NCDEX
Observations
Dhaniya trading range for the day is 13636-14132.
Dhaniya dropped on profit booking as arrivals have accelerated. 2026 output estimated at just 9.5–9.7 million bags, down from 11 million last year.
Carryover stocks have plummeted to 20–25 lakh bags, a significant drop from the 35–36 lakh bags held in 2025.
In Gondal, a major spot market, the price ended at 14445.55 Rupees dropped by -0.07 percent.
TURMERIC
SELL TURMERIC OCT @ 20200 SL 20500 TGT 19900-19700. NCDEX
Observations
Turmeric trading range for the day is 19804-20388.
Turmeric dropped on profit booking after prices gained amid a hand-to-mouth supply situation, and fears of El Nino impact.
Downside further seen limited due to deficient rain and fear of the crop being affected.
Continued dry conditions during the early growth and development stages could adversely affect yields, thereby further supporting prices.
In Nizamabad, a major spot market, the price ended at 20003.25 Rupees dropped by -0.64 percent.
