Volume : V, Issue : VII, July - 2015

Chana Prices â€â€ Bears ready to take over

Dr. Hitesh Chelawat

Abstract :

 Chana or Gram is a largely consumed pulse in India with maximum consumption in the form of ‘Dal’ or splits and ‘Besan’ or Flour. Chana is rich in protein, with high fie and low fat content. It also has medicinal uses. India is the largest producer and yet, the largest importer of Chana in world due to high consumption levels. The present study aims to study Chana price trends using technical analysis and considering the extraneous factors. The study focuses to estimate Chana prices over a 4 – 6 month horizon, to help those involved in cultivation and trading of Chana, with reasonable price estimates. Chana prices have been bullish since December 2014 and have peaked around 4850 levels. In the coming months, a sharp fall in two phases to around 3500 and 2900 levels is expected.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

Dr. Hitesh Chelawat Chana Prices: Bears Ready to Take Over Indian Journal of Applied Research, Vol.5, Issue : 7 July 2015

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