Jeera ended weak weighed by weak exports, rising arrivals and hopes of higher production: Prices are weak due to increasing arrivals. Daily inflow at the Unjha spot market has increased to 20,000 bags with the season entering into the peak period. March contract dropped Rs 168 and settled at Rs 11300 a kg. The contract made intraday low of Rs 11262 a kg and high of Rs 11500 a kg. Support for jeera is at 11208 below that could see a test of 11116. Resistance is now seen at 11446 above that could see a resistance of 11592.

Trading Ideas:

Jeera trading range is 11116-11592.

Jeera ended weak weighed by weak exports and rising arrivals

Daily inflow at the Unjha spot market has increased to 20,000 bags

Support for jeera is at 11210 and resistance is at 11440.

BUY JEEERA MAR @ 11170-11200 SL 11080 TGT 11245-11310-11360.NCDEX

NCDEX accredited warehouses jeera stocks seen steady at 4921 tonnes.