Chana gained Rs 22 and settled at Rs 2370 per quintal on a pick-up in the spot demand of chana dal and lower rainfall in major kharif growing regions. Demand is good for chana dal. Arrivals are not significant. In Delhi spot market, chana gained 52 rupees to end at 2,284 rupees per 100 kg. The volume was noted at 182240 lots. Support for chana is at 2350 below that could see a test of 2331. Resistance is now seen at 2384 above that could see a resistance of 2399.

Trading Ideas:

Chana trading range is 2331-2399.

Chana ended higher on positive on pick-up in spot demand of chana dal

Support for the chana is seen at 2350 and resistance is at 2384.

NCDEX accredited warehouses chana stocks rose by 369 tonnes to 57788 tonnes.

In Delhi spot prices gained 52 rupees and settled at 2,284 rupees per 100 kg