Chana ended steady on some spot demand in chana dal from north India as traders speculated that a further fall may be unlikely and a drop in arrivals. Demand in chana dal is improving from the northern part of the country. In Delhi spot market, chana gained 29.5 rupees to end at 2,192.50 rupees per 100 kg. Chana settled steady at Rs 2198 per quintal. The volume was noted at 94420 lots. Support for chana is at 2187 below that could see a test of 2175. Resistance is now seen at 2213 above that could see a resistance of 2227.

Trading Ideas:

Chana trading range is 2175-2227.

Chana ended steady on some spot demand in chana dal from north India

Support for the chana is seen at 2187 and resistance is at 2213.

NCDEX accredited warehouses chana stocks gained by 19 tonnes to 45459 tonnes.

In Delhi spot prices gained 29 rupees and settled at 2,192 rupees per 100 kg

BUY CHANA JUNE ABV 2202 SL 2185 TGT 2218-2234.NCDEX