JEERA IS LIKELY TO CONTINUE YESTERDAYS GAINS ON BARGAIN BUYING
DATE: 17/04/2012
The NCDEX Jeera for the May delivery ended the last day up by 1.44% at Rs 11,970 after moving in the range of Rs 12037.50-11802.50 per 1 kg. The open interest added 10% to 16,569 tonnes while volume traded surged to 9,045 tonnes from 7,725 tonnes. Technically, the May delivery is likely to continue with moderate profits with resistance at Rs 12070, Rs 12171 while support is at Rs 11,890, Rs 11,755 per quintal.
POWERED BY: commodity insights
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