Jeera ended lower as fresh arrivals, slack overseas demand and hopes of higher output hurt sentiment. At Unjha, the spot benchmark market in Gujarat, jeera dropped 35 rupees to end at 12,063 rupees per 100 kg. India's jeera exports fell 17 percent to 2,500 tonnes in February from the same month a year ago. April contract dropped Rs 123 and settled at Rs 11425 a kg. The contract made intraday low of Rs 11415 a kg and high of Rs 11550 a kg. Support for jeera is at 11377 below that could see a test of 11328. Resistance is now seen at 11512 above that could see a resistance of 11598.

Trading Ideas:

Jeera trading range is 11328-11598.

Jeera ended lower as fresh arrivals and hopes of higher output hurt sentiment

India's jeera exports fell 17 percent to 2,500 tonnes in February

NCDEX accredited warehouses jeera stocks rose by 153 tonnes to 5872 tonnes.

In Unjha spot prices dropped 35 rupees to end at 12,063 rupees per 100 kg.

SELL JEERA APR ON JUMP @ 11500 SL 11580 TGT 11440-11380-11325.NCDEX