Chana gained Rs 21 and settled at Rs 2481 per quintal tracking cues from the spot market, where demand was good due to the ongoing wedding season, aided by higher government support prices. Demand is expected to be good at lower levels because this is the wedding season. In Indore, a major trading centre in Madhya Pradesh, chana gained 32 rupees to 2,359 rupees per 100 kg.  The total arrivals of chana were around 35 motors against 50 motors reported in last session. In Delhi spot market, chana jump up by 15.65 rupee to end at 2415.65 rupee per 100 kgs. The volume was noted at 25550 lots. Support for chana is at 2464 below that could see a test of 2446. Resistance is now seen at 2492 above that could see a resistance of 2502.

Trading Ideas:

Chana trading range is 2445-2501.

Chana settled positive tracking cues from the spot market

Chana is taking resistance at 2492 and support is seen at 2464.

In Indore chana gained 32 rupees to 2,359 rupees per 100 kg

In Delhi spot market, chana jump up by 15.65 rupee to end at 2415.65 rupee per 100 kgs.