Jeera march contract dropped Rs -126 and settled at Rs 11606 a kg on rising arrivals and estimations of higher production. Trend is range-bound with negative bias. At lower side prices can get support at 11,450 levels on arrivals pressure which are expected to pick up in the next few days and would be peaking in March-April. Jeera exports in December 2009 dropped by 28 percent to 2,500 tonnes on year, the Spices Board said. Spot jeera dipped 70 rupees to end at 11,845 rupees per 100 kg in Unjha, a major trading hub in Gujarat. The contract made intraday low of Rs 11530 a kg and high of Rs 11725 a kg. Support for jeera is at 11321 below that could see a test of 11425. Resistance is now seen at 11711 above that could see a resistance of 11815..

Jeera trading range is 11478-11714.

Jeera futures dropped on rising arrivals and estimations of higher production.

Arrivals are expected to pick up in the next few days and peak in March-April.

Support for jeera is at 11417 below that could see a test of 11538. Resistance is now seen at 11837

SELL JEERA MAR @ 11720 SL 11780 TGT 11680-11600-11540.NCDEX

Spot jeera dipped 70 rupees to end at 11,845 rupees per 100 kg in Unjha, a major trading hub in Gujarat