Sell Jeera OCT @ 60500 SL 61000 TGT 59800-59500. NCDEX - Kedia Advisory
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JEERA
Jeera trading range for the day is 59510-61570.
Jeera prices gained due to shrinking supplies in the local market.
Increased festive demand and limited availability of quality crops in the market is prompting miller to buy
However, sluggish export demand is still a major concern for Indian traders
In Unjha, a major spot market, the price ended at 60939.2 Rupees gained by 0.09 percent.
SELL JEERA OCT @ 60500 SL 61000 TGT 59800-59500. NCDEX
DHANIYA
Dhaniya trading range for the day is 6938-7322.
Dhaniya dropped as huge stocks with farmers and stockists weighed on prices.
However, downside seen limited amid increased festive buying along with robust export demand
India's increased coriander production has led to a decline in the country's imports from other coriander-producing nations.
In Gondal, a major spot market, the price ended at 7223.85 Rupees gained by 0.39 percent
SELL DHANIYA OCT @ 7100 SL 7200 TGT 7000-6900. NCDEX
TURMERIC
Turmeric trading range for the day is 13688-14668.
Turmeric dropped due to increased offerings in the wake of reports that recent rains may be helpful for standing crops.
Supplies are down whereas production prospects are also looking bleak
The upcoming week is expected to bring normal to above-normal rainfall to Maharashtra and Telangana
In Nizamabad, a major spot market, the price ended at 13492.5 Rupees dropped by -1.45 percent.
SELL TURMERIC OCT @ 14200 SL 14500 TGT 13800-13500. NCDEX
