Chana ended up on buying interest at lower levels supported by spot demand in chana dal. In the Delhi spot market, chana gained 20 rupees to end at 2,163 rupees per 100 kg. Estimates of higher output and ample stocks, however, limited the gains. Chana gained Rs 17 and settled at Rs 2196 per quintal.

The volume was noted at 82620 lots. Support for chana is at 2181 below that could see a test of 2166. Resistance is now seen at 2208 above that could see a resistance of 2220.

Trading Ideas:

Chana trading range is 2166-2220.

Chana ended up on buying interest at lower levels supported by spot demand

Support for the chana is seen at 2181 and resistance is at 2208.

NCDEX accredited warehouses chana stocks gained by 1044 tonnes to 45440 tonnes.

BUY CHANA JUNE ABV 2202 SL 2180 TGT 2222-2245. NCDEX

In Delhi spot prices gained 20 rupees and settled at 2,163 rupees per 100 kg.