Chana is in long- medium- short-medium- term bull phase .Currently Chana is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Chana is in SELL position.Positionally Support for the Chana is 3015-3008-2989-2984-.Resistance for the Chana is 3049-3057-
Short term and Intraday Level of CHANA
Currently Chana is in HOLD LONG position Chana is in sideways and sellers was at high so for short term better buy above 3061 or hold with stop at 2971.0 The next resistance will be at 3048.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 3061 with a stop at 3017.5 Below 3007 go for sell and put stop at 3050.6
Intraday Resistance of CHANA are 3054.9 : 3072.3 : 3102.2 : 3113.8 : 3125.4
Intraday Support of CHANA are 3013.1 : 2995.7 : 2960 : 2948.7 : 2937.4
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