Jeera March contract gained Rs 89 and settled at Rs 16038 a kg  on less stocks and restricted supplies in the spot market.  Unseasonal rains and cloudy weather had delayed jeera sowing in India by a fortnight. As on Jan. 10, in Gujarat, the biggest producer, area under jeera stood at 244,600 hectares, marginally higher than 242,700 hectares sowed a year ago. In Unjha, a key spot market in Gujarat, jeera dropped -57.4 rupees to end at 15456.25 rupees per 100 kg. The contract made intraday low of Rs 15826 a kg and high of Rs 16150 a kg. Support for jeera is at 15859 below that could see a test of 15681. Resistance is now seen at 16183 above that could see a resistance of 16329.

Trading Ideas:

Jeera trading range is 15683-16331.

Jeera gained on less stocks and restricted supplies in the spot market

Jeera is having resistance at 16180 and support at 15900 level.

NCDEX accredited warehouses jeera stocks rose 231 tonnes to 8019 tonnes.

In Unjha, a key spot market in Gujarat, jeera dropped -57.4 rupees to end at 15456.25 rupees per 100 kg.