Chana ended steady on some enquiries for chana dal in the physical market. There is some demand for chana dal from southern parts of the country and also the North eastern state of Assam. In Delhi spot market, price gained 5 rupees to 2,180 rupees per 100 kg. Chana dropped Rs 4 and settled at Rs 2220 per quintal. The volume was noted at 97290 lots. Support for chana is at 2208 below that could see a test of 2197. Resistance is now seen at 2239 above that could see a resistance of 2259.

Trading Ideas:

Chana trading range is 2197-2259.

Chana ended steady on some enquiries for chana dal in the physical market

Chana is getting support at 2208 and resistance is at 2239 level

Yesterday we have seen that open interest at 74240 and volume at 97290 lots.

In the Delhi spot market price rose 5 rupees to 2,180 rupees per 100 kg

SELL CHANA APR @ 2250 SL 2278 TGT 2235-2216-2202.NCDEX