Chana gained Rs 4 and settled at Rs 2158 per quintal on a pick-up in spot demand and limited supplies. Firmness in the prices of yellow peas may support chana prices.  In Delhi spot market, chana gained 16 rupees to end at 2,100 rupees per 100 kg. The volume was noted at 47200 lots. Support for chana is at 2149 below that could see a test of 2141. Resistance is now seen at 2164 above that could see a resistance of 2171.

Trading Ideas:

Chana trading range is 2155-2179.

Chana gained on a pick-up in spot demand and limited supplies

Support for the chana is seen at 2149 and resistance is at 2164.

NCDEX accredited warehouses chana stocks jumped 364 tonnes to 49467 tonnes.

BUY CHANA JULY @ 2145 SL 2120 TGT 2160-2185.NCDEX

In Delhi spot prices jumped 16 rupees and settled at 2,100 rupees per 100 kg