EPIC RESEARCH NCDEX UPDATE OF JEERA 20 APRIL 2018

• Jeera trading range for the day is 15745-16585.
  
• Jeera prices gained on lower arrivals and anticipation of improve in physical demand in coming weeks.
• However jeera output is expected to be bumper and supplies are likely to increase in the coming days.
• NCDEX accredited warehouses jeera stocks dropped by 103 tonnes to 2789 tonnes.
• In Unjha, a key spot market in Gujarat, jeera edged up by 247.65 Rupees to end at 16214.3 Rupees per 100 kg.
• BUY JEERA MAY 2018 @ 15950 SL 15800 TGT 16100-16300.NCDEX.

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