NCDEX chana high demand but low production,
In short term NCDEX chana trade high on high demand, short term NCDEX Chana May contract is seen at 4420 and resistance at 4650. Intraday chana support is seen at 4500 and resistance at 4580.
Gold news:- The pressure is being witnessed in gold in the upper levels.
International and domestic gold price has dropped. Pressure on gold prices in dollar seems firmly. 7-year lows in the US unemployment rate has come to support the dollar.
The MCX gold flat and is trading around Rs 26 900. While silver is also pressure and the flat and looks around Rs 37950.
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