Jeera futures are expected to continue their negative trend in today trading sessions.NCDEX Jeera price settled up by 0.55% at 15470.Reduced buying interests from stockists are likely to keep jeera prices under pressure during the day.
According to derivative analysis, prices and volumes have increased while open interest has declined. It is an indication that shorter time frame traders attempt to trade from both sides of the market but liquidating before end of day.
Therefore, looking at the overall factors we recommend remaining on the selling side in today’s trading session.
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