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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-19-2017

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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-19-2017

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  1. BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 19th April 2017 Tracking Market Commodity News APR 19/2017 Close AbsChange Energy Oil prices dip on bloated U.S. market, mixed Saudi signals Oil prices dipped on Wednesday as bloated U.S. supplies weighed on markets while a fall in Saudi crude exports was offset by rising production in the country. Bullions Gold steady on weak dollar, geopolitical worries Gold held steady on Wednesday, supported by a weaker dollar, geopolitical concerns about North Korea and nervousness ahead of the French presidential election. Currency Dollar kicked by ascendant sterling after May calls UK vote The dollar index traded near three-week lows on Wednesday, dragged down by a resurgent sterling after British Prime Minister Theresa May called for an early general election ahead of Brexit negotiations. Base Metals London copper hovers near three-month low London copper held close to its weakest since January on Wednesday, on concerns China's base metals demand could temper in the coming quarter as Beijing acts on runaway property prices, and following a wobble in steel. Agri Commodity IMD forecasts normal monsoon this year India is in for a normal monsoon season this year which will be good for agriculture and the economy of the country, the Indian Meteorological Department has assured in its first long range forecast for 2017 southwest monsoon rainfall. India’s potato output to hit near record level at 47 MT The country’s potato production is estimated to be around 47 million tonnes this year, just behind the all-time high witnessed in 2014. GOLD 29514 +84 SILVER 42187 -310 CRUDE OIL 3402 +3 NATURAL GAS 202.80 -2.20 COPPER 361.20 -8.95 NICKEL 604.90 -19.00 LEAD 137.00 -7.95 ZINC 162.50 -6.00 ALUMINIUM 122.00 -2.35 $ / Re. 64.63 +0.13 Light Sweet Crude Oil 52.35 -0.23 Gold $ / OZ- 1291.50 +5.20 Silver $ / OZ- 18.28 -0.13 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  2. BULLIONS WEEKLY TECHNICAL LEVELS PIVOT TABLES SCRIP S2 S1 R1 R2 STRATEGY BUY ON DIPS GOLD 29148 29331 29618 29722 BUY ON DIPS SILVER 41330 41755 42493 42800 SELL ON RISE CRUDE OIL 3348 3374 3419 3438 SELL ON RISE NATURALGAS 199.10 200.90 205.70 207.40 SELL ON RISE COPPER 352.90 357.50 667.50 373.60 SELL ON RISE NICKEL 586.60 595.50 619.70 634.10 SELL ON RISE LEAD 131.85 134.50 139.90 141.95 SELL ON RISE ZINC 157.80 160.20 166.60 170.70 SELL ON RISE ALUMINIUM 119.50 120.75 124.10 126.80 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  3. BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY SELL CRUDE OIL BELOW 3365 TGT 3325/3250 SL ABOVE 3410 PREVIOUS DAY CALL UPDATE:NO SL NO TGT IN NG GIVEN AT 203(CLOSE 202.80) 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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