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Last Updated : February 14, 2012 11:45
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Sell NCDEX Feb chana below at Rs.3600:Edelweiss

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Chana prices settled down by 1.05 percent at Rs.3589 due to profit booking despite 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.

SELL NCDEX CHANA (FEB) BELOW 3600 SL 3650 TGT 3500

R1 3650 R2 3700 S1 3500 S2 3475.

Looking for Agri Research? Visit research.commodityonline.com

NCDEX GUARGUMJODHPURJUN12 20 June 2012 contract was trading at Rs 0 . What's your view on it?
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