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RIPPLES-COMMODITY-DAILY-REPORT-16-MAY-2017

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RIPPLES-COMMODITY-DAILY-REPORT-16-MAY-2017

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  1. BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 16th May 2017 Tracking Market Commodity News MAY 16/2017 Close AbsChange Energy Crude holds gains in Asia as market welcomes Saudi, Russian views Crude prices held gains into Asia on Tuesday in an upbeat welcome for a pledge by Saudi Arabia and Russia to extend production cuts Bullions Gold trades higher but remains under pressure Gold prices traded higher on Monday, as weaker than expected U.S. manufacturing data weighed on the dollar Currency Dollar holds weaker in Asia on Trump, RBA minutes noted The dollar held weaker in Asia on Tuesday as markets chewed on the latest controversy in the Trump administration Base Metals London copper falls, traders cut risk as China growth slows London copper fell on Tuesday as worries about China's slowing economic growth and tighter capital markets in the world's top metal Agri Commodity Spot turmeric improves on demand The price of the spot turmeric improved on Monday. At the Erode Turmeric Merchants Association Sales yard Small cardamom looses flavour on slack demand he small cardamom market witnessed an easier trend, of late, on slack demand amid increased arrivals at auctions held in Kerala and Tamil Nadu. GOLD 27992 -13 SILVER 38502 +347 CRUDE OIL 3149 +83 NATURAL GAS 215.00 -4.70 COPPER 361.55 +1.75 NICKEL 587.10 -12.10 LEAD 136.35 +0.05 ZINC 164.70 +1.10 ALUMINIUM 122.25 +1.05 $ / Re. 64.05 -0.23 Light Sweet Crude Oil 48.82 +0.99 Gold $ / OZ- 1230.50 +2.80 Silver $ / OZ- 16.62 +0.22 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  2. BULLIONS WEEKLY TECHNICAL LEVELS PIVOT TABLES SCRIP S2 S1 R1 R2 STRATEGY BUY ON DIPS GOLD 27879 27935 28095 28199 BUY ON DIPS SILVER 37886 38198 38887 39192 BUY ON DIPS CRUDE OIL 3042 3095 3192 3236 SELL ON RISE NATURALGAS 210.90 212.90 217.90 220.80 SELL ON RISE COPPER 358.60 360.20 363.45 365.55 SELL ON RISE NICKEL 576.60 581.60 596.60 606.40 SELL ON RISE LEAD 134.90 135.50 137.35 138.25 SELL ON RISE ZINC 163.00 163.85 165.85 166.90 SELL ON RISE ALUMINIUM 120.75 121.50 122.70 123.15 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  3. BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY SELL ZINC BELOW 162 TGT 160.50/158 SL ABOVE 164.50 PREVIOUS DAY CALL UPDATE:TGT1 ACHIEVED IN SILVER BUY CALL(HIGH 38884) Call @ +91-9039089381 Email : info@ripplesadvisory.com

  4. BULLIONS WEEKLY TECHNICAL LEVELS 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. Entering our site means that you have read, understood and agreed to everything that is written and implied in this disclaimer note. RESEARCH is published solely for informational purposes and must in no way be construed as investment advice for a specific individual. The information and views in this web-site & all the services 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. Investment in equity shares, futures, options and commodities has its own risks. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and on sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred due to it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above. Call @ +91-9039089381 Email : info@ripplesadvisory.com

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