Jeera ended down for the third straight session on weak spot demand, higher output estimates and sufficient stocks. Jeera exports in November 2009 dipped to 4,000 tonnes from 4,500 tonnes in the same period a year ago.  Spot jeera fell by 90 rupees to end at 14,410 rupees per 100 kg in Unjha. January contract dropped Rs 141 and settled at Rs 14115 a kg. The contract made intraday low of Rs 14102 a kg and high of Rs 14330 a kg. Support for jeera is at 14035 below that could see a test of 13954. Resistance is now seen at 14263 above that could see a resistance of 14410.

Trading Ideas:

Jeera trading range is 13800-14350.

Jeera ended down on weak spot demand and sufficient stocks

Jeera exports in November 2009 dipped to 4,000 tonnes from 4,500 tonnes

Spot Jeera fell by over 90 rupees to end at 14410 rupees per 100 kg

SELL JEERA JAN @ 14250 SL 14320 TGT 14200-14165-14120-14070.NCDEX