Sell Turmeric OCT @ 20000 SL 20300 TGT 19700-19500. NCDEX - Kedia Advisory
JEERA
SELL JEERA SEP @ 20800 SL 21000 TGT 20500-20300. NCDEX
Observations
Jeera trading range for the day is 20510-21050.
Jeera dropped as farmers are aggressively liquidating Jeera stocks to generate immediate cash flow for the Kharif sowing season.
Favorable weather in North-West India allowed farmers to complete harvesting and drying faster than expected.
NCDEX warehouse stocks have shown a steady build-up, reducing the urgency for spot procurement by traders.
In Unjha, a major spot market, the price ended at 20502 Rupees dropped by -0.41 percent.
DHANIYA
SELL DHANIYA OCT @ 16400 SL 16600 TGT 16100-15900. NCDEX
Observations
Dhaniya trading range for the day is 16014-16562.
Dhaniya dropped on profit booking and a lack of robust buying interest in the physical markets.
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 15592.95 Rupees gained by 0.07 percent.
TURMERIC
SELL TURMERIC OCT @ 20000 SL 20300 TGT 19700-19500. NCDEX
Observations
Turmeric trading range for the day is 19042-21418.
Turmeric dropped as revival of monsoon activity in mid-July eased dry-weather fears.
Re-sowing completed in North Karnataka following rainfall, crop conditions improve.
Filling up of key reservoirs in Telangana and Andhra Pradesh ensured reliable water supply for the vegetative phase, dampening crop failure speculation.
In Nizamabad, a major spot market, the price ended at 19922.4 Rupees dropped by -2.13 percent
