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Jeera to trade in 18775-19575: Achiievers Equities

According to Achiievers Equities, Jeera prices ended with losses tracking weakness in spot demand on profit booking.

June 09, 2017 / 08:19 AM IST
Workers dry ginger in a storage house in the southern Indian city of Kochi July 13, 2009. India's spices export in the first two months of the fiscal 2008/09 rose 20 percent in volume terms on the back of strong demand for pepper, chilli and jeera, the Spices Board said on Monday. REUTERS/Sivaram V. (INDIA AGRICULTURE BUSINESS) - RTR25MGI

Workers dry ginger in a storage house in the southern Indian city of Kochi July 13, 2009. India's spices export in the first two months of the fiscal 2008/09 rose 20 percent in volume terms on the back of strong demand for pepper, chilli and jeera, the Spices Board said on Monday. REUTERS/Sivaram V. (INDIA AGRICULTURE BUSINESS) - RTR25MGI


Achiievers Equities' commodity report on Jeera


Jeera trading range for the day is 18775-19575.

Jeera prices ended with losses tracking weakness in spot demand on profit booking.

However downside seen limited amid lower production estimates by Gujarat Agriculture Department in its 3rd advance estimates for 2016/17.

NCDEX accredited warehouses jeera stocks gained by 15 tonnes to 909 tonnes.

SELL JEERA MAY 2017 @ 19250 SL 19380 TGT 19120-19000.NCDEX.

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first published: Apr 24, 2017 12:17 pm

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