Indian Stock Market Tips: Chana Futures May Trade Sideways To Down

Chana Dec futures traded on positive note on Thursday but still continue to trade in a tight range pressured by good start to rabi sowing and higher stock levels in the country. However, support in chana prices is seen due to hike in 50 percent import tax on all pea by the government.

Outlook

Chana futures may trade sideways to down on sufficient stocks and good start to rabi sowing in the country. Hike in import duty in all peas may support prices.

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