NCDEX JEERA NEWS UPDATED ON 18 DEC 2014

• Jeera January futures traded on a positive note on Thursday.
• Jeera January contract rose 0.6 per cent to 13000 on Friday at India's National Commodity& Derivative Exchange(NCDEX).
• Jeera January contract is likely to trade bullish for short term and sideways for intra day. Short term support seen at 12900 and resistance at 13650. Intra day support is seen at 13150 and resistance at 13350.
• Global output of Jeera is around 2.2 lakh MT per year, of which India produces about 1.5 lakh MT per year.