Excellent CHANA TREND & INTRADAY LEVELS

Excellent CHANA TREND & INTRADAY LEVELS
                                                     

Apr/01/2013.CMP-3343 Overall trend of the Chana is bearish for medium-long term .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 HOLD SHORT position.Positionally Immediate support for Chana is 3313.Resistance for the Chana is 3386-3402-3404-3426-3580-3725-

Intraday Trend- Buy is advised only above 3373.3 with a stop at 3324.6 Below 3312.8 go for sell and put stop at 3361.5
Intraday Resistance of CHANA are 3366.6/3386.1/3423.3/3438.7/3468.1/3497.6

Intraday Support of CHANA are 3319.4/3299.9/3280.2/3265.1/3236.6/3208.2