Chana gained Rs 5 and settled at Rs 2625 per quintal helped by lower arrivals in the spot market, and rising prices of substitute pulses. The rising prices of substitue commodities such as tur and urad also helped chana prices.  The total arrivals of chana were around 25motors were reported today, unchanged from the last day. In Delhi spot market, chana jump up by 21 rupee to end at 2636 rupee per 100 kgs. The volume was noted at 93700 lots. Support for chana is at 2605 below that could see a test of 2584. Resistance is now seen at 2653 above that could see a resistance of 2680.

Trading Ideas:

Chana trading range is 2586-2682.

Chana gained helped by lower arrivals in the spot market

Chana is taking resistance at 2653 and support is seen at 2605.

NCDEX accredited warehouses chana stocks rose by 29 tonnes 18349 tonnes.

In Delhi spot market, chana jump up by 21 rupee to end at 2636 rupee per 100 kgs.