India, Jan. 20 -- Technically Jeera market is under fresh selling as market has witnessed gain in open interest by 3. 97% to settled at 1413 while prices down 115 rupees.
Now NCDEX Jeera is getting support at 13100 and below same could see a test of 13050 levels and resistance is now likely to be seen at 13215 a move above could see prices testing 13280.
Jeera yesterday settled down by 0.87% at 13155 as the season progresses in Gujarat the increase in Rabi sowing continues. The total sowing of cumin in Gujarat has been over 464469 hectares compared to 435657 hectares in the same period last year and the three-year average of 406141 hectares in the state.
Prices are likely to decline due to a reduction in export demand amidst substantial ...