NCDEX Chana under short covering Support seen at 4168
India, March 30 -- Technically Chana market is under short covering as market has witnessed drop in open interest by 0. 32% to settled at 15410 while prices up 64 rupees.Now NCDEX Chana is getting support at 4168 and below same could see a test of 4115 levels and resistance is now likely to be seen at 4267 a move above could see prices testing 4313.Chana yesterday settled up by 1.54% at 4222 as arrivals in markets get disrupted due to sporadic rains and harvesting. Besides demand started increasing due to increasing fear of spreading Covid-19. Supreme Court of India next hearing regarding case of pulses import will be on 4th April-2020.It seems that Jaipur High Court would not hear this case on 6th April as it has moved now to Supreme Court...
To read the full article or to get the complete feed from this publication, please
Contact Us.