Chana gained Rs 14 and settled at Rs 2186 per quintal due to bargain-buying supported by a likely pick-up in demand in the ongoing festival season. Arrivals have been quite steady. Demand could pick-up in the festival season. In Delhi spot market chana fell down by -0.9 rupee to end at 2237 rupee per 100 kgs. The volume was noted at 39650 lots. Support for chana is at 2176 below that could see a test of 2165. Resistance is now seen at 2193 above that could see a resistance of 2199.

Trading Ideas:

Chana trading range is 2165-2199.

Chana ended positive due to bargain-buying supported by likely pick-up in demand

Support for the chana is seen at 2176 and resistance is at 2193.

NCDEX accredited warehouses chana stocks fell 70 tonnes to 48613 tonnes.

In Delhi spot market, chana fell down by -0.9 rupee to end at 2237 rupee per 100 kgs.