Jeera futures were lower contract dropping Rs -11 and settled at Rs 11550 a kg on Monday on rising arrivals in the physical market and higher output estimates. Overall sentiment is weak in jeera as arrivals are expected to pick up in the next few days and would be peaking in March-April. Spot jeera dipped 7 rupees to 11,956 rupees per 100 kg in Unjha. Jeera exports in December 2009 dropped by 28 percent to 2,500 tonnes on year, the Spices Board said. The contract made intraday low of Rs 11455 a kg and high of Rs 11637 a kg. Support for jeera is at 11276 below that could see a test of 11365. Resistance is now seen at 11640 above that could see a resistance of 11729.

Jeera trading range is -7758-15516.

Jeera dropping Rs -11 yesterday on rising arrivals in the physical market and higher output estimates.

Around 4,000 bags of new crop have arrived in the market, weather is also favourable

Resistance for the jeera is at 11647 and support is at 11276 level.

SELL JEERA MAR @ 11640 SL 11720 TGT 11590-11540-11490. NCDEX

Spot jeera prices fell by 7 rupees to end at 11,956 rupees per 100 kg