Jeera November contract gained Rs 44 and settled at Rs 12979 a kg on bargain buying at lower level amid strong export demand anticipation. According to the market sources, jeera stocks currently are projected to be lower at around 10-11 lakh bags as compared to 13-14 lakh bags in the same period previous year. The fresh arrivals of jeera were around 1000 bags against 1200 bags that were reported last day. In Unjha, a key spot market in Gujarat, jeera dropped -87.5 rupees to end at 13087.5 rupees per 100 kg. The contract made intraday low of Rs 12835 a kg and high of Rs 13020 a kg. Support for jeera is at 12869 below that could see a test of 12760. Resistance is now seen at 13054 above that could see a resistance of 13130. Trading Ideas:

Jeera trading range is 12760-13130.

Jeera ended positive on bargain buying at lower level amid strong export demand

Jeera is having resistance at 13054 and support at 12869 level.

NCDEX accredited warehouses jeera stocks rose 54 tonnes to 6088 tonnes.

In Unjha, a key spot market in Gujarat, jeera dropped -87.5 rupees to end at 13087.5 rupees per 100 kg.