NCDEX Jeera prices were trading slightly down by 0.36% to 17830 levels on Thursday.
Amid profit-booking by participants, jeera prices declined by 0.68% to Rs 18,160 per quintal in futures trading today.However, expectations of lower output due to unseasonal rains in major growing regions restricted the fall.
At the NCDEX jeera for delivery in June month moved down by Rs 125, or 0.68% to Rs 18,160 per quintal with an open interest of 12,396 lots.
Short term support for NCDEX Jeera May contract is seen at 17200 and resistance at 18500. For intra day, support is at 17700 and resistance at 18100.
Milan Shah, agri research analyst at commodity Online, said NCDEX Jeera May contract may trade bullish for both short term and intra day.
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