Jeera October contract gained Rs 289 and settled at Rs 14239 a kg as fresh enquires from Bangladesh and poor stocks prompted buying. Enquiries from Bangladesh are supporting prices. Demand from Gulf countries is also expected to gain pace in coming day. In Unjha, a key spot market in Gujarat, jeera gained 145.45 rupees to end at 14145.45 rupees per 100 kg. The contract made intraday low of Rs 13960 a kg and high of Rs 14340 a kg. Support for jeera is at 14019 below that could see a test of 13800. Resistance is now seen at 14399 above that could see a resistance of 14560.

Trading Ideas:

Jeera trading range is 13800-14560.

Jeera ended positive as fresh enquires from Bangladesh and poor stocks prompted buying

Support for the jeera is at 14020 and resistance is at 14400.

Demand from Gulf countries is also expected to gain pace in coming day

In Unjha, a key spot market in Gujarat, jeera gained 145.45 rupees to end at 14145.45 rupees per 100 kg.