Indian chana, or chickpea, futures rose after three days of losses on value buying, though hopes
of better sowing in the winter weighed on sentiment. Traders expect local demand for chana
flour to pick up in the coming days, ahead of Ganesh Chaturthi. The October chana contract
closed up 0.19 percent at 3,160 rupees per 100 kg.
CS CHANA (OCT.) OVERVIEW:
TREND CONSOLIDATE
SUP1:3095,
SUP2:3049,
RESIST1:3220,
RESIST2:3265.
TRADING STRATEGY: BUY ON DIPS.
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of better sowing in the winter weighed on sentiment. Traders expect local demand for chana
flour to pick up in the coming days, ahead of Ganesh Chaturthi. The October chana contract
closed up 0.19 percent at 3,160 rupees per 100 kg.
CS CHANA (OCT.) OVERVIEW:
TREND CONSOLIDATE
SUP1:3095,
SUP2:3049,
RESIST1:3220,
RESIST2:3265.
TRADING STRATEGY: BUY ON DIPS.
stock tips
commodity tips
equity tips
Get free trial
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