1 / 8

Commodity Daily Presdiction Report By TradeIndia Research.

Commodity daily prediction report by tradeindia research.providing Accurate CallS , Tips Services.

TradeIndia1
Download Presentation

Commodity Daily Presdiction Report By TradeIndia Research.

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. 05/06/2017 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  2. 05/06/2017 Crude oil futures slump below $48 a barrel: Crude oil futures slumped on Friday and extended the weekly losses, as US President Donald Trump’s decision to withdraw from the 2015 Paris climate agreement, sparked concerns that U.S. oil production could expand rapidly in the absence of a stringent focus on curbing the use of fossil fuels. The Paris Agreement laid out a framework for countries to adopt clean energy and phase out fossil fuels such as oil, coal and natural gas. Crude also came under pressure as the industry figures showed US drillers added rigs for the 20th week in a row. Oilfield services firm Baker Hughes reported its weekly count of oil rigs rose by 11 to a total 733. Domestic oil companies have been adding rigs at a furious pace in 2017 in an effort to glean market share from OPEC and Russia. Copper futures end lower on weak US Job data: Copper futures ended lower on Friday after weaker- than-expected US employment numbers bolstered the case for the Federal Reserve to continue raising rates at a gradual pace. Meanwhile, the unemployment rate dipped to 4.3 percent, down from 4.4 percent, and hit its lowest level in 16 years. Gold futures end higher on Friday: Gold futures ended higher disappointing US non-farm payrolls data weighed on the dollar and lowered some expectations for more aggressive US interest rate increases this year. The Labor Department showed that non-farm payroll employment rose by 138,000 jobs in May after climbing by a downwardly revised 174,000 jobs in April. Economists had expected an increase of about 185,000 jobs compared to the jump of 211,000 jobs originally reported for the previous month. on Friday after 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  3. 05/06/2017 TECHNICAL ANALYST GOLD GOLD OUTLOOK: TREND: - UP RESISTANCE: - 29200, 29300. SUPPORT: - 29000, 28900. STRATEGY: - BUY ON LOW. TECHNICAL OUTLOOK TECHNICAL OUTLOOK The prices of Refined Gold declined ground with session ending at Rs 28649 per 10 grams against Rs 28652 per 10 grams. The metal tested a high of Rs 28777 per 10 grams and a low of Rs 28550 per 10 grams. Resistance for Gold is at Rs 28750 and 28800 per 10 grams. Meanwhile, Supports for Gold is at Rs 28500 per 10 grams. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  4. 05/06/2017 OUTLOOK: SILVER SILVER TREND: - UP RESISTANCE: - 40600, 40800. SUPPORT: - 40250, 40000. STRATEGY: - BUY ON LOW. TECHNICAL OUTLOOK TECHNICAL OUTLOOK The Prices of silver were down on Tuesday. And at end of the day the prices were settled at 39813 per 30 kilogram. On the higher side Rs 40065 per 30 kilogram as resistances were noted while lows were at Rs 39333 per 30 kilograms as support noted. The metals remain under a volatile zone. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  5. 05/06/2017 COPPER COPPER OUTLOOK: TREND: - DOWN RESISTANCE: - 368,370.50. SUPPORT: -363, 360.50. STRATEGY: - SELL ON HIGH TECHNICAL OUTLOOK TECHNICAL OUTLOOK The prices of copper were maintained uptick in the session ending Thursday. Copper were static in the session gone by. Indian Copper static were ending at Rs 368.55 per kg at the time of closing. On the higher side, Rs 369.90 per kg was tested while on the lower side Rs 365.80 per kg was noted. Resistance for Copper is at Rs 372 and 374 per kg. Supports of Rs 362 and 360 per kg is active. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  6. 05/06/2017 CRUDE OIL CRUDE OIL OUTLOOK: TREND: - DOWN RESISTANCE: - 3140, 3170. SUPPORT: - 3080, 3050. STRATEGY: - SELL ON HIGH. TECHNICAL OUTLOOK TECHNICAL OUTLOOK Renewed buying interest was noted in Crude Oil prices the session saw benchmark contract gained by INR 25. The prices of Crude Oil ended at Rs 3153 per barrel. On the higher side Rs 3175 per barrel was tested. On the lower side Rs 3114 per kg was noted. Resistance for Crude Oil is at Rs 3220 and 3250 per barrel. Supports for Crude Oil is at Rs 3050 per barrel. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  7. 05/06/2017 DISCLAIMER DISCLAIMER The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility. The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Trade India Research Recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Trade India Research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to Trade India Research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  8. 05/06/2017 All Rights Reserved. Investment in Commodity and equity market has its own risks. We, however, do not Touch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Trade India Research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

More Related