Chana yesterday settled flat witnessing some selling pressure after surging in last couple of days on the back of increased wedding season demand, which is however reportedly getting adversely affected at the higher levels to some extent. In Delhi the total arrivals of chana were 50 trucks as compared to 35 trucks in the last session. In Delhi spot market, chana jump up by 1 rupee to end at 2500 rupee per 100 kgs. The volume was noted at 93840 lots. Support for chana is at 2487 below that could see a test of 2467. Resistance is now seen at 2521 above that could see a resistance of 2535.

Trading Ideas:

Chana trading range is 2468-2536.

Chana yesterday settled flat witnessing some selling pressure

Chana is taking resistance at 2521 and support is seen at 2487.

NCDEX accredited warehouses chana stocks fell 348 tonnes to 27373 tonnes.

In Delhi spot market, chana jump up by 1 rupee to end at 2500 rupee per 100 kgs.