Chana ended slightly lower on Friday on estimates of higher production, sufficient stocks and fresh arrivals. In the Delhi spot market, chana ended higher 30 rupees at 2,139 rupees per 100 kg. Supply is good from Madhya Pradesh and Rajasthan. Chana dropped Rs 8 and settled at Rs 2249 per quintal. The volume was noted at 60330 lots. Support for chana is at 2235 below that could see a test of 2221. Resistance is now seen at 2265 above that could see a resistance of 2281.

Trading Ideas:

Chana trading range is 2221-2281.

Chana ended slightly lower on Friday on estimates of higher production

Support for the chana is seen at 2235 and resistance is at 2265.

NCDEX accredited warehouses chana stocks fell by 1272 tonnes to 37213 tonnes.

In the Delhi spot market prices gained 30 rupees at 2,139 rupees per 100 kg

CHANA TRADING BELOW 2460 WILL HAVE SELLING PRESSURE.