Jeera ended higher on low stocks and limited supply in the physical market as farmers awaited higher prices. Jeera exports in February 2010 dropped 17 percent to 2,500 tonnes on year, the Spices Board said. Spot rates in Unjha, a key spot market in Gujarat, gained 142 rupees to end at 12186 rupees per 100 kg. May contract gained Rs 284 and settled at Rs 12526 a kg. The contract made intraday low of Rs 12151 a kg and high of Rs 12698 a kg. Support for jeera is at 12219 below that could see a test of 11911. Resistance is now seen at 12766 above that could see a resistance of 13005.

Jeera trading range is 11911-13005.

Jeera ended higher on low stocks and limited supply in the physical market

Support for the jeera is at 12380 and resistance is at 12660.

NCDEX accredited warehouses jeera stocks rose by 867 tonnes to 6673 tonnes.

BUY JEERA MAY @ 12400-450 SL 12300 TGT 12560-12640.NCDEX

In Unjha spot prices gained 142 rupees to end at 12186 rupees per 100 kg.