Thursday 2 January 2014

CHANA TREND & INTRADAY LEVELS 03-Jan-2014

Chana is in perfect uptrend .Currently Chana is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position isBUY .Positionally Support for the Chana is 3048-3012-2994-2981-2944-. Immediate resistance for Chana is 3133

Short term and Intraday Level of CHANA

Currently Chana is in HOLD LONG position Chana is moving sideways so short term investor better to buy only above 3121.0 with stop at 3022.0 The Chana is now trading in highly oversold level. The Chana is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 3118.8 with a stop at 3048.6 Below 3029.3 go for sell
Intraday Resistance of CHANA are 3112.6 : 3144.7 : 3161.8 : 3173.5
Intraday Support of CHANA are 3035.4 : 3003.3 : 2995.3 : 2984

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