Jeera November contract gained Rs 7 and settled at Rs 12900 a kg on poor supplies and diminishing stocks but tepid exports and expectation of a rise in acreage may weigh. In India, jeera is cultivated during winter from October to December, and harvested during February-April. The total arrivals of jeera were around 2500 bags were reported at Unjha Mandi against 1500 bags from the previous day. In Unjha, a key spot market in Gujarat, jeera gained 75 rupees to end at 13075 rupees per 100 kg. The contract made intraday low of Rs 12840 a kg and high of Rs 12980 a kg. Support for jeera is at 12833 below that could see a test of 12767. Resistance is now seen at 12973 above that could see a resistance of 13047.

Trading Ideas:

Jeera trading range is 12767-13047.

Jeera ended flat on poor supplies and diminishing stocks but tepid exports weighed

Jeera is having resistance at 12970 and support at 12840 level.

The total arrivals of jeera were around 2500 bags were reported at Unjha Mandi

In Unjha, a key spot market in Gujarat, jeera gained 75 rupees to end at 13075 rupees per 100 kg.