India, Sept. 16 -- Technically Chana market is under long liquidation as market has witnessed drop in open interest by 2. 2% to settled at 62640 while prices down 2 rupees.
Now NCDEX Chana is getting support at 5057 and below same could see a test of 5026 levels and resistance is now likely to be seen at 5132 a move above could see prices testing 5176.
Chana yesterday settled down by 0.82% at 5089 on profit booking after prices rallied due to lack of stock and increasing demand for pulses and gram flour in the festive season the price of gram has risen strongly.
The traders have cast doubt on the official estimate of the production of gram in the last Rabi season. In the third advance production estimate for the crop year 2019-20 (July-J...