Jeera trading range for the day is 18810-19410. Jeera prices dropped on hopes of higher sowing coupled with favourable weather in both the producing states-Gujarat and Rajasthan. Sowing is likely to pick up pace after mid-November and for near term spot jeera prices are likely to stay steady. NCDEX accredited warehouses jeera stocks dropped by 138 tonnes to 6685 tonnes. In Unjha, a key spot market in Gujarat, jeera edged up by 18.75 Rupees to end at 18968.75 Rupees per 100 kg.

SELL JEERA DEC 2017 @ 19100 SL 19280 TGT 18920-18780.NCDEX.

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