Jeera August contract gained Rs 144 and settled at Rs 13671 a kg on lack of supplies as stockists held back sales in anticipation of higher prices. Traders want better price for their produce. However, weak export demand capped the upside. In Unjha spot prices gained 140 rupees and settled at 13365 rupees per 100 kg. The contract made intraday low of Rs 13477 a kg and high of Rs 13780 a kg. Support for jeera is at 13505 below that could see a test of 13340. Resistance is now seen at 13808 above that could see a resistance of 13946.

Trading Ideas:

Jeera trading range is 13276-13882.

Jeera ended higher on lack of supplies as stockists held back sales

Support for the jeera is at 13505 and resistance is at 13810.

NCDEX accredited warehouses turmeric stocks rose by 69 tonnes to 6360 tonnes.

BUY JEERA AUG ON DIP @ 13450-480 SL 13360 TGT 13560-13700.NCDEX

In Unjha spot prices gained 140 rupees and settled at 13365 rupees per 100 kg.