Chana gained Rs 31 and settled at Rs 2250 per quintal on active buying by millers, good local demand and restricted arrivals. Demand is coming from millers at these levels. Arrivals are very limited. In Delhi spot market, chana gained 22 rupees to end at 2,192 rupees per 100 kg. The volume was noted at 94670 lots. Support for chana is at 2228 below that could see a test of 2207. Resistance is now seen at 2265 above that could see a resistance of 2281.

Trading Ideas:

Chana trading range is 2207-2281.

Chana ended higher on active buying by millers and restricted arrivals.

Support for the chana is seen at 2228 and resistance is at 2265.

NCDEX accredited warehouses chana stocks rose 716 tonnes to 53358 tonnes.

SELL CHANA JULY @ 2270 SL 2292 TGT 2256-2240.NCDEX

In Delhi spot prices gained 22 rupees and settled at 2,192 rupees per 100 kg