Indian chana edges up 1.2% as buyers show.
Chana prices rose by 1.24% to Rs 3,176 per quintal in futures trade today as participants enlarged their holdings in the commodity on account of the good demand in the market after a recent fall inprices. However, estimates of higher production restricted theupside. At the National Commodity and Derivatives Exchange, chana for delivery in June rose by Rs 39, or 1.24%, to Rs 3,176 per quintal, with an open interest of 13,610 lots
Jeera remains up 0.6% on export demand.
Jeera common and jeera best quality also higher by Rs 200 each toconclude at Rs 12,700-13,300 and Rs 16,700-17,300 per quintal,respectively. Traders said apart from buying by retailers andstockiest, fall in supplies from producing belts, pushed up chilli and jeera prices on the wholesale kirana market here.
Sell Castorseed July
below 3545 tg 3500,
3450 sl 3590
Sell dhaniya July
DAILY SOYABEAN CHART
• CLOSE: 3772 SOYABEAN
• LOOKS SIDEWAYS TREND: BEARISH
• STRATEGY: BUY ON DIPS
• CHANA LOOKS DOWNWAYS
• TREND: BEARISH
• STRATEGY: SELL ON RISE
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