Powered by: Motilal Oswal
2025-10-17 10:15:07 am | Source: Kedia Advisory
Turmeric trading range for the day is 13728-15188 - Kedia Advisory
Turmeric trading range for the day is 13728-15188 - Kedia Advisory

Jeera

BUY JEERA NOV @ 19000 SL 18700 TGT 19300-19500. NCDEX

Observations

Jeera trading range for the day is 18880-19440.

Jeera gains on short covering after price dropped due to weak export demand post retail season.

In July 2025 around 13778.60 tonnes of jeera were exported as against 16,322.06 tonnes in June 2025 showing a drop of 15.58%.

GST council lowers GST rate to 5% which will support FMCG exports & domestic demand.

In Unjha, a major spot market, the price ended at 18759.95 Rupees dropped by -0.17 percent.

 

Dhaniya

BUY DHANIYA NOV @ 8100 SL 8000 TGT 8200-8300. NCDEX

Observations

Dhaniya trading range for the day is 8042-8254.

Dhaniya prices gained due to shortage of good quality stocks.

Total coriander arrivals rose to 14,100 bags (each 40 kg) as against 13,100 bags in the previous session.

A large amount of old stock coming into the market as well as new crop weighed on prices.

In Gondal, a major spot market, the price ended at 7968.35 Rupees gained by 0.85 percent.

 

Turmeric

BUY TURMERIC DEC @ 14500 SL 14200 TGT 14800-15000. NCDEX

Observations

Turmeric trading range for the day is 13728-15188.

Turmeric gains as yields in Maharashtra, Andhra Pradesh and Karnataka have been affected due to rains.

Also, due to continuous rains in Erode, disease outbreaks have started emerging in some areas.

Recent heavy rainfall in Nanded has adversely affected the cultivation, damaging approximately 15% of the crop area.

In Nizamabad, a major spot market, the price ended at 13883.85 Rupees gained by 1.74 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