Jeera ended up over 3 percent as robust overseas demand and a fall in acreage supported sentiment. Export demand is firm as leading global producers, Syria and Turkey, continue to quote at a premium to Indian prices. Spot jeera rose by over 765 rupees to end at 14,261.1 rupees per 100 kg in Unjha. December contract gained Rs 470 and settled at Rs 15440 a kg.

The contract made intraday low of Rs 14925 a kg and high of Rs 15569 a kg. Support for jeera is at 15054below that could see a test of 14667. Resistance is now seen at 15698 above that could see a resistance of 15955.

Trading Ideas:

JEERA TRADING RANGE IS 15050-15850.

JEERA ENDED UP OVER 3 PERCENT AS ROBUST OVERSEAS DEMAND AND A FALL IN ACREAGE

BUY JEERA DEC @ 15350-400 SL 15280 TGT 15465-15520-15590-15650.NCDEX

A BREAK BELOW 15320 WILL FIND THE SUPPORT AT 15180-15040 LEVEL.

IN UNJHA PRICES ROSE BY OVER 765 RUPEES TO END AT 14261.10 RUPEES PER 100 KG