Powered by: Motilal Oswal
2026-05-06 11:34:44 am | Source: Kedia Advisory
Sell Turmeric MAY @ 16500 SL 16800 TGT 16200-16000. NCDEX - Kedia Advisory
Sell Turmeric MAY @ 16500 SL 16800 TGT 16200-16000. NCDEX - Kedia Advisory

JEERA

SELL JEERA MAY @ 20200 SL 20500 TGT 19900-19700. NCDEX

Observations

Jeera trading range for the day is 19630-20310

Jeera dropped as fresh crop arrivals from key Rajasthan hubs have increased.

Favorable weather conditions across North-West India allowed farmers to complete harvesting faster than expected.

Farmers are actively offloading stocks this week to generate liquidity for the upcoming

Kharif planting season. In Unjha, a major spot market, the price ended at 20273.7 Rupees dropped by -0.18 percent

 

DHANIYA

SELL DHANIYA MAY @ 12900 SL 13200 TGT 12600-12300. NCDEX

Observations

Dhaniya trading range for the day is 12460-12992.

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 12725.7 Rupees gained by 0.68 percent

 

TURMERIC

SELL TURMERIC MAY @ 16500 SL 16800 TGT 16200-16000. NCDEX

Observations

Turmeric trading range for the day is 15536-16980.

Turmeric gains as arrivals have remained lower than normal for this peak season

Farmers are liquidating stocks more rapidly to raise liquidity for upcoming Kharif sowing expenses, increasing the immediate supply.

Lingering tensions in the Middle East continue to complicate export logistics, causing some buyers to defer commitments.

In Nizamabad, a major spot market, the price ended at 15664.8 Rupees gained by 0.37 percent

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here