AHMEDABAD (Commodity Online): Chana Prices at NCDEX, February contract saw up trend in last few consecutive trading sessions due to fresh buying sentiments.
It is trading in the range of 3560-3645 per quintal in today's trading session.
Good fundamentals like estimates of lower acreage, increasing demand and strong fundamentals of other substitute pulses likely to support the up trend in near term.
Good volume in buying also support the up trend in near term.
Chana prices trading at NCDEX, February contract is having strong support at 3450 level.
‘’Positional Traders should look for the opportunity to buy on dips instead of creating any selling position”, said Milan Shah, Commodity Analyst with Commodity Online.
To get in touch with the Analyst on this report or to get a free trial on trading advisories call 079-40275050 or mail to tips@commodityonline.com
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