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Aug 26, 2011, 03.32 PM IST

Chana has support around Rs 3159-3125: Geojit Comtrade

Geojit Comtrade has come out with its report on chana.

Source: Moneycontrol.com
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Geojit Comtrade has come out with its report on chana.


CHANA: Chana futures witnessed a weak trade in yesterday’s trading session. Sluggish demand at prevailing high levels against adequate stock availability in the spot market mainly led to the decline in prices. The spot market maintained a weak trend with key markets Bikaner witnessing an down move of Rs.55, whereas key market of Delhi remained almost closed observing a near-complete shutdown in support of Anna Hazare's.


CHANA NCDEX SEPT CLOSE PRICE 3186- Chana has resistance at 3216 which if breached can be seen approaching 3237. Whereas support is at 3159-3125. Mixed to weak trade is expected today.


Non-Institutions holding more than 90% in Indian cos


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