Chana gained Rs 11 and settled at Rs 2388 per quintal on domestic demand due to festivals and the upcoming wedding season. Demand in the coming days is likely to improve on the grounds of Diwali and the upcoming wedding season. However, estimates of higher production limited gains. In Delhi spot market, chana jump up by 14.1 rupee to end at 2350 rupee per 100 kgs. The volume was noted at 99960 lots. Support for chana is at 2374 below that could see a test of 2359. Resistance is now seen at 2404 above that could see a resistance of 2419.

Trading Ideas:

Chana trading range is 2359-2419.

Chana settled firm on domestic demand due to festivals season

Chana is taking resistance at 2404 and support is seen at 2374.

NCDEX accredited warehouses chana stocks fell 180 tonnes to 35280 tonnes.

In Delhi spot market, chana jump up by 14.1 rupee to end at 2350 rupee per 100 kgs.