Chana dropped Rs 34 and settled at Rs 2207 per quintal as traders opted to sell following the advancement of monsoon and on estimates of higher output. In Delhi spot market, chana edged down 6 rupees to end at
2,144 rupees per 100 kg. Also demand in chana dal is not picking up because traders are anticipating further fall in the prices.

The volume was noted at 60660 lots. Support for chana is at 2193 below that could see a test of 2180. Resistance is now seen at 2232 above that could see a resistance of 2258.

Trading Ideas: Chana trading range is 2180-2258. Chana dropped as traders opted to sell following the advancement of monsoon Support for the chana is seen at 2231 and resistance is at 2193. NCDEX accredited warehouses chana stocks fell 1076 tonnes to 47337 tonnes. In Delhi spot prices dropped 6 rupees and settled at 2,144 rupees per 100 kg SELL CHANA JULY @ 2218 SL 2244 TGT 2202-2185.NCDEX (STBT)