Jeera rebounded from the previous session`s loss on Saturday supported by strong export and domestic demand. Jeera fell in the last two sessions influenced by favorable weather in the major producing belts. Cumin Seed exports from India surged 118 percent to 6,000 tonnes during September 2009 from 2,750 tonnes exported during August 2009.

Further export demand expected for Indian Jeera as the prices of other origins are quoted at higher levels. December contract gained Rs 38 and settled at Rs 13920 a kg. The contract made intraday low of Rs 13872 a kg and high of Rs 14139 a kg. Support for jeera is at 13548 below that could see a test of
13710. Resistance is now seen at 14082 above that could see a resistance of 14244.

JEERA TRADING RANGE IS 13600-14250.

JEERA REBOUNDED SUPPORTED BY STRONG EXPORT AND DOMESTIC DEMAND

BUY JEERA DEC @ 13800-900 SL 13690 TGT 13980-14080-14156. NCDEX

A BREAK BELOW 13800 WILL FIND THE SUPPORT AT 13740-13650 LEVEL.

IN UNJHA PRICES GAINED BY OVER 59 RUPEES TO END AT 13,204.15 RUPEES PER 100 KG

Commodity Analysis by Kedia Commodity, India's Premium Research House, Mumbai. Check out more commodity reviews at KediaCommodity. com