Jeera ended over a percent higher on buying interest at lower-levels. Stockists are buying in anticipation of overseas demand to hit the market in coming days. Spot rates in Unjha, a key spot market in Gujarat, ended at 11,795 rupees, down 11 rupees. March contract gained Rs 161 and settled at Rs 11720 a kg.

The contract made intraday low of Rs 11501 a kg and high of Rs 11790 a kg. Support for jeera is at 11551 below that could see a test of 11381. Resistance is now seen at 11840 above that could see a resistance of 11959.

Trading Ideas:

Jeera trading range is 11381-11959.

Jeera ended over a percent higher on buying interest at lower-levels

Jeera looks to take support at 11610 and resistance at 11840 level

NCDEX accredited warehouses jeera stocks rose by 411 tonnes to 4390 tonnes.

Spot rates in Unjha fell by 11 rupees and settled at 11795 rupees per 100 kg.

A BREAK BELOW 11700 LOOK WEAK TILL 11560 LEVEL.