Chana gained Rs 30 and settled at Rs 2243 per quintal on tight supplies and spot demand. Demand from dal millers is good because of ongoing marriage season. Prices are likely to remain supportive. In Delhi spot market, chana gained 8 rupees to end at 2,133 rupees per 100 kg. The volume was noted at 60740 lots. Support for chana is at 2224 below that could see a test of 2205. Resistance is now seen at 2256 above that could see a resistance of 2269.

Trading Ideas:

Chana trading range is 2205-2269.

Chana gained yesterday on tight supplies and spot demand

Support for the chana is seen at 2224 and resistance is at 2256.

NCDEX accredited warehouses chana stocks gained 809 tonnes to 47798 tonnes.

In Delhi spot prices jumped 7 rupees and settled at 2,132 rupees per 100 kg

BUY CHANA JULY @ 2240-2245 SL 2225 TGT 2260-2275.NCDEX