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2026-11-02 11:11:42 am | Source: Kedia Advisory
Sell Turmeric DEC @ 27000 SL ABOVE 27400 TGT 26200. NCDEX - Kedia Advisory
Sell Turmeric DEC @ 27000 SL ABOVE 27400 TGT 26200. NCDEX - Kedia Advisory

JEERA

SELL JEERA NOV @ 26400 SL ABOVE 26800 TGT 25800. NCDEX

Observations

Jeera trading range for the day is 25850-26800.

Jeera dropped on profit booking after prices amid rising export demand and tightening global as well as domestic supplies.

Concerns over weather conditions and limited water supply due to the El Niño phenomenon are adding to the upward price pressure in jeera.

With Syrian supplies remaining minimum, demand for Indian cumin seed is higher.

In Unjha, a major spot market, the price ended at 26263.45 Rupees gained by 0.03 percent.

 

DHANIYA

SELL DHANIYA DEC @ 16100 SL ABOVE 16400 TGT 15700. NCDEX

Observations

Dhaniya trading range for the day is 15630-16810.

Dhaniya dropped on profit booking after prices gained as firm physical-market prices and tight availability.

Rajasthan markets continue to quote elevated coriander seed prices, while weather uncertainty ahead of the new crop is adding a risk premium.

India’s dhaniya exports declined 16% YoY to 2,703 tonnes in July-2026 from 3,233 tonnes in July-2025.

In Gondal, a major spot market, the price ended at 16316.05 Rupees dropped by 0.29 percent

 

TURMERIC

SELL TURMERIC DEC @ 27000 SL ABOVE 27400 TGT 26200. NCDEX

Observations

Turmeric trading range for the day is 26450-27490.

Turmeric rose amid growing concerns over uncertain weather conditions and the possibility of adverse effects on the upcoming crop.

Major turmeric-producing regions of Maharashtra have been experiencing persistently dry weather.

Total turmeric arrivals were estimated at around 6,000 bags, approximately 2,000 bags lower than in the previous trading session.

In Nizamabad, a major spot market, the price ended at 25170.15 Rupees dropped by 0.34 percent.

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