Sell Turmeric AUG @ 16700 SL 16900 TGT 16500-16300. NCDEX - Kedia Advisory
JEERA
SELL JEERA JUL @ 20300 SL 20500 TGT 20100-19900. NCDEX
Observations
Jeera trading range for the day is 19930-20570.
Jeera dropped on profit booking after prices gained amid a rapid a rapid tightening in the supply of premium-quality bold seeds.
While total physical crop availability is stable, the export-grade high-purity bold seed supply is shrinking much faster than anticipated.
Daily arrivals across major trading spots have begun to taper off significantly.
In Unjha, a major spot market, the price ended at 20500.1 Rupees dropped by -0.24 percent.
DHANIYA
SELL DHANIYA AUG @ 14800 SL 15000 TGT 14600-14400. NCDEX
Observations
Dhaniya trading range for the day is 14294-15010.
Dhaniya gains as latest industry reports confirm a third consecutive year of declining production.
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 14702.25 Rupees gained by 0.04 percent.
TURMERIC
SELL TURMERIC AUG @ 16700 SL 16900 TGT 16500-16300. NCDEX
Observations
Turmeric trading range for the day is 15994-17042.
Turmeric gained on short covering after prices amid increased selling pressure from farmers seeking to liquidate stocks.
While cumulative exports are up, immediate fresh orders from Europe and the U.S. slowed.
The Southwest Monsoon's advance into Southern India has improved sentiment for the sowing season.
In Nizamabad, a major spot market, the price ended at 15927.5 Rupees gained by 0.22 percent.
