Chana ended flat on intraday profit booking, driven by weak trend at spot market on subdued demand. Production of chana, or chickpea, is likely to fall to 7.37 million tonnes from 7.48 million tonnes a year ago. The total arrivals of chana in Delhi mandi were around 60 motors reported today, up 15 motors from the last day.

The volume was noted at 85720 lots. In Delhi spot market, chana jump up by 14.35 rupee to end at 2625 rupee per 100 kgs. Support for chana is at 2602 below that could see a test of 2587. Resistance is now seen at 2637 above that could see a resistance of 2657.

Trading Ideas: Chana trading range is 2587-2657. Chana ended flat on intraday profit booking, driven by weak trend at spot market Chana is taking resistance at 2637 and support is seen at 2602. NCDEX accredited warehouses chana stocks rose by 29 tonnes 22612 tonnes. In Delhi spot market, chana jump up by 14.35 rupee to end at 2625 rupee per 100 kgs.