Commodity	:	Chana
Exchange	:	NCDEX
Perspective	:	Very Short Term

Technical Commentary:
• Candlestick pattern shows buying interest in the market.
• Volume and Open Interest are also supporting bullish sentiments.
• MACD is moving up in positive zone which further suggest for firmness in chana prices.
• RSI is also moving up in overbought zone, raising the prospects of decline in prices.
• Closing of price above 9 and 18 days EMA’s hints for firmness in market.



Chana NCDEX July

S2 S1 PCP R1 R2
2626 2660 2694 2742 2754
Call Entry T1 T2 SL
BUY >2682 2706 2720 2665