SELL TURMERIC APR @ 17900 SL 18100 TGT 17700-17500. NCDEX - Kedia Advisory
Jeera
SELL JEERA MAR @ 24500 SL 24800 TGT 24200-24000. NCDEX
Observations
Jeera trading range for the day is 23770-25050.
JEERA 20-Mar-26 24,320.00 25050.00 24680.00 24410.00 24040.00 23770.00 JEERA 20-Apr-26 24,410.00 24910.00 24660.00 24490.00 24240.00 24070.00 Commodity Expiry Close R2 R1 PP S1 S2 Jeera dropped on profit booking due to comfortable supplies and tepid export interest amid adequate existing stocks.
However downside seen limited as weather issues and delayed sowing are keeping cumin prices strong.
In Gujarat, Jeera sowing seen at 398438 hectares down by 16.31% compared to last years 476097 hectares.
In Unjha, a major spot market, the price ended at 23209 Rupees dropped by -0.79 percent.
Dhaniya
BUY DHANIYA APR @ 11700 SL 11500 TGT 11950-12100. NCDEX
Observations
Dhaniya trading range for the day is 11442-12310.
Dhaniya prices gained as sowing seen at 125,510 hectares down by 3.78%.
Seasonal demand, especially ahead of the wedding period, is further expected to keep consumption active.
Dhaniya exports during Apr - Sep 2025, rose by 14.45% at 26355.76 tonnes as compared to 23029.16 tonnes exported during Apr - Aug 2024.
In Gondal, a major spot market, the price ended at 10482.1 Rupees gained by 0.23 percent.
Turmeric
SELL TURMERIC APR @ 17900 SL 18100 TGT 17700-17500. NCDEX
Observations
Turmeric trading range for the day is 17286-18534.
Turmeric dropped on profit booking amid increase in acreage due to favourable rains during the current sowing season.
India’s turmeric crop for the 2026 harvest is shaping up with higher acreage but only moderate supply growth.
However downside seen limited as arrivals remain below normal and good domestic and international demand.
In Nizamabad, a major spot market, the price ended at 16855.3 Rupees gained by 0.01 percent.
