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• Jeera trading strategy for second week of May
• Chilli and Cardamom uptrend will continue: Karvy
• MCX Copper gains, resistance at Rs.425.20/427.70:Angel
• MCX Crude oil rises, resistance at Rs.5465/5486:Angel

Chana prices settled steady at Rs.3330 due to strong export and domestic demand in the spot market.

According to Second Advance estimates Pulses output is expected to fall by 5.26% to 17.29 mln tonnes as compared to 18.24 mln tonnes in 2010-11.

Chana production is expected to decline by 6.8% to 7.66 mln tonnes as compared to 8.22 million tonnes in the last year.

BUY NCDEX CHANA (FEB) ABOVE 3300 SL 3280 TGT 3370

R1 3350 R2 3380 S1 3280 S2 3250.

Looking for Agri Research? Visit research.commodityonline.com

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