Chana ended positive on low-level buying supported by recovery in other pulses, but rising arrivals from Madhya Pradesh and ample stocks limited the gains. In Delhi spot market, price gained 26 rupees to end 2,277 rupees per 100 kg. Chana gained Rs 48 and settled at Rs 2334 per quintal. The volume was noted at 132880 lots. Support for chana is at 2299 below that could see a test of 2263. Resistance is now seen at 2356 above that could see a resistance of 2377.

Trading Ideas:

Chana trading range is 2263-2377.

Chana ended positive Saturday on low-level buying

Support for the chana is seen at 2299 and resistance is at 2356.

NCDEX accredited warehouses chana stocks rose by 483 tonnes to 2495 tonnes.

In the Delhi spot market prices gained 26 rupees to end 2,277 rupees per 100 kg

BUY CHANA APR @ 2300-2315 SL 22882 TGT 2335-2356-2370.NCDEX