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Daily commodity Research Report BY TradeIndia Research30 May 2017

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

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Daily commodity Research Report BY TradeIndia Research30 May 2017

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  1. 30/05/2017 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  2. 30/05/2017 Crude oil futures move higher in holiday thinned trade: Crude oil futures showed further up move on Monday in a holiday thinned trade. The market though remained cautious as increases in U.S. drilling activity have undercut an OPEC-led push to tighten supply. Traders are uncertain about whether the extension of output cuts by OPEC and other producing countries will be enough to support prices Copper Marks Small Gains in Trades Ending: Copper has managed to corner some more gains in the trading session ending 29 May 2017. The prices have surpassed Rs 365 per kg even though the rally looks vulnerable and ended the day at Rs 368.25. Over the past couple of weeks, there has been a slight upside bias, but the buying has been tentative. Bullish traders are being driven by a strike in Indonesia. Bearish traders by lower demand in China. Gold futures end lower on Monday: Gold futures ended lower on Monday with holidays in the US, UK and China slowing trading activity around the world. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  3. 30/05/2017 TECHNICAL ANALYST GOLD GOLD OUTLOOK: TREND: - UP RESISTANCE: - 28950, 29050. SUPPORT: - 28750, 28650. STRATEGY: - BUY ON LOW. TECHNICAL OUTLOOK TECHNICAL OUTLOOK Refined Gold price was up ticked by a small margin on 29 May 2017. The prices tested a high of Rs 28919 per 10 grams, gaining 0.11%. The metal tested a high of Rs 28941 per 10 grams and a low of Rs 28832 per 10 grams. Further extension of gains can take yellow metal towards Rs 29000 per 10 grams. On the lower side Rs 28700 per 10 grams are noted supports. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  4. 30/05/2017 OUTLOOK: SILVER SILVER TREND: - UP RESISTANCE: - 40350, 40450. SUPPORT: - 40000, 39850. STRATEGY: - BUY ON LOW. TECHNICAL OUTLOOK TECHNICAL OUTLOOK The Prices of silver were moving up toward 40500, on Friday the prices of silver made a resistance of 40367 per 30 kilogram upside in previous day. At end of the day the prices were settled at 40337 per 30 kilogram. On the higher side Rs 40367 per 30 kilogram as resistances were noted while lows were at Rs 40100 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. 30/05/2017 COPPER COPPER OUTLOOK: TREND: - DOWN RESISTANCE: - 366.50,370. SUPPORT: -361.50, 358. STRATEGY: - SELL ON HIGH TECHNICAL OUTLOOK TECHNICAL OUTLOOK Copper has managed to corner some more gains in the trading session ending 29 May 2017. The prices have surpassed Rs 365 per kg even though the rally looks vulnerable and ended the day at Rs 368.25. It will be difficult for Copper to move past Rs 375 per kg in the coming days looking at the daily charts. On the lower side possibility of testing Rs 360 per kg is high. The prices tested a high of Rs 370.8 per kg and a low of Rs 365 per kg. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  6. 30/05/2017 CRUDE OIL CRUDE OIL OUTLOOK: TREND: - UP RESISTANCE: - 3250, 3280. SUPPORT: - 3190, 3160. STRATEGY: - BUY ON LOW. TECHNICAL OUTLOOK TECHNICAL OUTLOOK Crude Oil gained by another 1.53% on Monday thanks to renewed buying interest and gains in open positions. The benchmark Crude Oil expiry contract was at Rs 3262 per barrel at the time of closing. The contract tested a high of Rs 3270 per barrel and a low of Rs 3198 per barrel. Supports for Crude Oil are at Rs 3180 and 3160 per barrel while resistance is at Rs 3320 per barrel. 301, 3rd Floor, Mangal City, Vijay Nagar, Indore Toll Free : 18003157801

  7. 30/05/2017 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. 30/05/2017 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

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