Chana gained Rs 9 and settled at Rs 2194 per quintal on bargain-buying supported by a likely pick-up in demand in the on-going festival season. Better crop prospects for kharif pulses pressurized the prices as well as imports from other major producing countries can improve supply scenario. In Delhi spot market, chana jump up by 13 rupee to end at 2250 rupee per 100 kgs. The volume was noted at 39430 lots. Support for chana is at 2185 below that could see a test of 2175. Resistance is now seen at 2203 above that could see a resistance of 2211.

Trading Ideas:

Chana trading range is 2175-2211.

Chana ended positive on bargain-buying supported by likely pick-up in demand

Support for the chana is seen at 2185 and resistance is at 2203.

NCDEX accredited warehouses chana stocks fell 1450 tonnes to 47163 tonnes.

In Delhi spot market, chana jump up by 13 rupee to end at 2250 rupee per 100 kgs.