Chana futures traded on a positive note on improved demand. Chana December contract gained 0.41% to 3176 levels on Tuesday at India's National Commodity & Derivatives Exchange Limited (NCDEX).
Chana is likely to trade positive for short term and sideways for intra day with short term support seen at 3080 and resistance at 3260. Intra day support is seen at 3150 and resistance at 3220.
Chana is likely to trade positive for short term and sideways for intra day with short term support seen at 3080 and resistance at 3260. Intra day support is seen at 3150 and resistance at 3220.
Farmers have brought in 54.61 lakh hectare under Chana which is -15.67% lower than previous year. The coverage under Chana has increased by around 33% week on w-o-w.
The decline in other pulses has been less prominent and the coverage under other pulses has reached 26.13 lakh hectares which is -1.14% lower than last year.
The decline in other pulses has been less prominent and the coverage under other pulses has reached 26.13 lakh hectares which is -1.14% lower than last year.
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