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Jeera Trading Range For The Day Is 19235-20055 - Nifty Future Tips

Jeera on NCDEX settled down by -0.53% at 19565 on profit booking after price seen supported last week as stocks in producing as well as in consumption centers are stated to be poor due to fall in output. Expectations of good monsoon withdrawal rainfall in growing states may boost soil moisture ahead of sowing activities. India's 2016-17 jeera output fell to 489,000 ton from 503,000 ton a year ago, agriculture ministry data showed.

Trading Ideas:

* Jeera trading range for the day is 19235-20055.

* Jeera dropped on profit booking after price seen supported last week as stocks are stated to be poor due to fall in output.

* India's 2016-17 jeera output fell to 489,000 ton from 503,000 ton a year ago, Agriculture Ministry data showed.

* NCDEX accredited warehouses jeera stocks gained by 284 tonnes to 3505 tonnes.

* In Unjha, a key spot market in Gujarat, jeera edged down by -20 Rupees to end at 19231.65 Rupees per 100 kg.

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