Chana gained Rs 15 and settled at Rs 2242 per quintal on buying interest at lower levels driven by some enquiries in chana dal, offsetting rising arrivals and hopes of higher output as earlier mentioned that 2200.00 will be the important support level. Fresh buying is seen in chana futures is likely to emerge in next couple of days as support also seen from the spot market where chana inched up 7.5 rupees to 2,182.50 rupees per 100 kg. Arrivals were rising steadily in major spot markets like Indore, Nagpur, Delhi, Latur and Gulbarga. India's chana acreage as on April 8 stood at 8.93 million hectares, compared with 8.36 million hectares in the same period a year ago, farm ministry data showed. The total volume was noted at 99060 lots. Support for chana is at 2226 below that could see a test of 2210. Resistance is now seen at 2253 above that could see a resistance of 2264.

Trading Ideas:

Chana trading range is 2211-2265.

Chana settled in positive on buying interest at lower levels driven by some enquiries

Support for the chana is seen at 2220 and resistance is at 2256.

NCDEX accredited warehouses chana stocks rose by 1299 tonnes to 32089 tonnes.

BUY CHANA MAY @ 2240-2248 SL 2218 TGT 2264-2288.NCDEX

In the Delhi spot market prices up 7.5 rupees to end 2,182 rupees per 100 kg