Chana extended the previous session's gains on lower-level buying prompted by concerns higher temperature in a key growing region may hurt yields. In Bikaner spot market in Rajasthan, price rose by 20 rupees to 2,115 rupees per 100 kg. Hopes of higher output due to an increase in acreage and ample carry-forward stocks capped the upside. Chana gained Rs 22 and settled at Rs 2132 per quintal. The volume was noted at 125700 lots. Support for chana is at 2099 below that could see a test of 2067. Resistance is now seen at 2161 above that could see a resistance of 2191.

Trading Ideas:

Chana trading range is 2067-2191.

Chana ended higher on lower-level buying prompted by concerns higher temperature

Chana is getting support at 2148 and resistance is at 2114 level

NCDEX accredited warehouses chana stocks fell by 110 tonnes at 27900 tonnes.

BUY CHANA MAR @ 2100-2112 SL 2086 TGT 2128-2140-2156.NCDEX

In the Delhi spot market gained by over 13 rupees to 2,150 rupees per 100 kg