Jeera March contract gained Rs 459 and settled at Rs 16539 a kg on concerns about lower output and unseasonal rain at producing centres. Supplies from the fresh crop are very thin because of delayed sowing. Unseasonal rains and cloudy weather had delayed jeera sowing in India. Farmers are not selling their produce because they are expecting higher prices.

In Unjha, a key spot market in Gujarat, jeera gained 471.15 rupees to end at 16002.75 rupees per 100 kg. The contract made intraday low of Rs 16098 a kg and high of Rs 16600 a kg. Support for jeera is at 16225 below that could see a test of
15910. Resistance is now seen at 16727 above that could see a resistance of 16914.

Trading Ideas: Jeera trading range is 15899-16903. Jeera gained on concerns about lower output and unseasonal rain at producing centres. Jeera is having resistance at 16727 and support at 16225 level. NCDEX accredited warehouses jeera stocks rose 156 tonnes to 9063 tonnes. In Unjha, a key spot market in Gujarat, jeera gained 471.15 rupees to end at 16002.75 rupees per 100 kg.