Jeera ended flat after trading higher early in the day supported by low stocks and some demand in the domestic market. Domestic demand is supportive and stockists are very active at current levels. At Unjha, the benchmark spot market in Gujarat, jeera was up 8 rupees to 12,675 rupees per 100 kg. June contract gained Rs 3 and settled at Rs 13075 a kg. The contract made intraday low of Rs 12977 a kg and high of Rs 13250 a kg. Support for jeera is at 12951 below that could see a test of 12828. Resistance is now seen at 13224 above that could see a resistance of 13374.

Trading Ideas:

Jeera trading range is 12828-13374.

Jeera ended flat after trading higher supported by low stocks

Support for the jeera is at 12950 and resistance is at 13225.

NCDEX accredited warehouses jeera stocks rose by 40 tonnes to 7344 tonnes.

BUY JEERA JUNE @ 12950-980 SL 12840 TGT 13040-13100-13190.NCDEX

In Unjha spot prices gained 8 rupees to end at 12,675 rupees per 100 kg