Sell Turmeric Oct @ 21200 SL 21500 TGT 20900-20700. NCDEX - Kedia Advisory
Jeera
SELL JEERA SEP @ 21100 SL 21400 TGT 20800-20500. NCDEX
Observations
Jeera trading range for the day is 20750-21110.
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 20582.45 Rupees dropped by -0.15 percent.
Dhaniya
SELL DHANIYA OCT @ 16600 SL 16900 TGT 16300-16000. NCDEX
Observations
Dhaniya trading range for the day is 16178-16734.
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 15688.4 Rupees gained by 0.26 percent.
Turmeric
SELL TURMERIC OCT @ 21200 SL 21500 TGT 20900-20700. NCDEX
Observations
Turmeric trading range for the day is 20382-21442.
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 20355.4 Rupees dropped by -0.21 percent.
