LATTEST CS AGRI NEWS UPDATE NCDEX CHANA-23 DEC 2014

• Chana witness gains at 3333, trading range 3268-3378
• Chana settled up by 1.65% at 3333 taking positive cues from spot market on rising demand against limited arrivals from the major producing belts.
• In Delhi spot market, chana gained  by 48.3 rupee to end at 3307.9 rupee per 100 kgs.
• Technically market is under short covering as market has witnessed drop in open interest by -0.69% to settled at 83170 while prices up 54 rupee.
• Now Chana is getting support at 3301 and below same could see a test of 3268 level, and resistance is now likely to be seen at 3356, a move above could see prices testing 3378.