Thursday 19 June 2014

Capital stroke NCDEX Update : CHANA 20 June 2014



Chana futures may trade on a mixed to negative note. Ample supplies, rising stocks on the exchange warehouses, expectations of improvement in sowing of kharif pulses and higher output in 2013-14 may cap the upside and pressurize prices. However, a pickup in demand coupled with forecast of below normal and lower pulses target for 2014-15 may support prices.

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