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Indian Jeera Commodity Likely to reduce Further

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Jeera futures lowered from above Rs. 16 k/ quintal on gain .The area Jeera price were trading stable at Rs. 14,000-16,000/ quintal. The complete arrivals a little bit enhanced to 4,500 luggage, whereas need was seen for around 8,200 luggage in opposition to need revealed for 5,000 luggage on the last day. The NCDEX March agreement finished downwards by 2.16% at Rs. 15959 after going in the range of Rs. 16363-15885/ quintal. The open interest declined 4.44% to 13608 plenty whereas amount dealt reduced to 10251 plenty from 11,556 plenty. Technologically, March agreement is likely to find assistance at Rs. 15,885, Rs. 15,680 whereas level of resistance is at Rs. 16,100, Rs. 16,350 / quintal.



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