Chana gained Rs 24 and settled at Rs 2433 per quintal triggered by strong stockiest demand ahead of marriage season. In Delhi mandi total arrivals of chana were around 70 motors. The gains were capped by an expected rise in acreage under chana after key growing states received higher rains this year. In Delhi spot market, chana fell down by -27.9 rupee to end at 2372.1 rupee per 100 kgs. The volume was noted at 72910 lots. Support for chana is at 2406 below that could see a test of 2380. Resistance is now seen at 2450 above that could see a resistance of 2468.

Trading Ideas:

Chana trading range is 2380-2468.

Chana settled positive triggered by strong stockiest demand

Chana is taking resistance at 2450 and support is seen at 2406.

In Delhi total arrivals of chana were around 70 motors.

In Delhi spot market, chana fell down by -27.9 rupee to end at 2372.1 rupee per 100 kgs.