India, Sept. 11 -- Technically Chana market is under fresh buying as market has witnessed gain in open interest by 8. 93% to settled at 57100 while prices up 194 rupees.
Now NCDEX Chana is getting support at 4936 and below same could see a test of 4807 levels and resistance is now likely to be seen at 5130 a move above could see prices testing 5195.
Chana yesterday settled up by 3.98% at 5066 amidst weak availability and declining supplies from Nafed. The rise in prices are being helped by the mills to meet the immediate requirements.
Due to cheaper prices and easy availability the demand for kabuli chana was more than the demand of white peas. With the economy coming out of lockdown consumption is likely to increase and prices are also ...