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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-25-2017

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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-25-2017

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  1. BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 25th April 2017 Tracking Market Commodity News APR 25/2017 Close AbsChange Energy Oil edges up after six days of straight losses Oil prices inched up on Tuesday but markets remain under pressure following six consecutive sessions of declines as traders lose confidence that pledged output cuts by major producers will rein in oversupply in a world awash with fuel. Bullions Gold prices fall in Asia as North Korea tensions eyed, stocks gain Gold dipped slightly in Asia on Tuesday with markets on watch for developments on the Korean peninsula, but otherwise noting strong equity markets and investor confidence. Currency Euro pauses after rally, Canadian dollar hit by U.S. duties on lumber The euro edged lower on Tuesday, catching its breath after a relief rally sparked by the first round results of the French election, while the Canadian dollar fell on news of U.S. duties on Canadian softwood lumber. Base Metals Copper eases as French euphoria fades Copper eased in Asia on Tuesday, coming under pressure from investors looking to book gains after a surprise overnight lift in the London contract following a market-friedly French presidential vote. Agri Commodity Small cardamom regains favor after sharp fall The small cardamom markets, after falling sharply over the past 15 days, recovered last weekend by around Rs 100 a kg on good demand amid supply squeeze at auctions held in Kerala and Tamil Nadu. Food Ministry favors hike in tur dal import duty to 25% Food and Consumer Affairs Minister Ram Vilas Paswan today said his ministry is in favour of increasing import duty on tur dal from 10 per cent to 25 per cent in the interest of farmers. GOLD 29131 -287 SILVER 41129 -160 CRUDE OIL 3190 -18 NATURAL GAS 205 -2.70 COPPER 363.80 +0.80 NICKEL 596.40 -8.40 LEAD 139.45 +0.35 ZINC 166.95 +0.30 ALUMINIUM 125.20 +0.60 $ / Re. 64.43 -0.17 Light Sweet Crude Oil 49.21 -0.42 Gold $ / OZ- 1277.90 -8.10 Silver $ / OZ- 17.91 +0.01 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  2. BULLIONS WEEKLY TECHNICAL LEVELS PIVOT TABLES SCRIP S2 S1 R1 R2 STRATEGY SELL ON RISE GOLD 28824 28977 29267 29404 SELL ON RISE SILVER 40650 40890 41279 41370 SELL ON RISE CRUDE OIL 3133 3162 3233 3275 SELL ON RISE NATURALGAS 192.20 195.40 201.80 205.20 BUY ON DIPS COPPER 359.90 361.65 365.35 366.90 BUY ON DIPS NICKEL 589.30 592.60 602.20 608.60 BUY ON DIPS LEAD 136.95 138.20 140.40 414.25 BUY ON DIPS ZINC 164.70 165.85 168.10 169.20 BUY ON DIPS ALUMINIUM 123.60 124.40 125.65 126.10 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  3. BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY BUY COPPER ABOVE 366 TGT 369.50/375 SL BELOW 361.50 PREVIOUS DAY CALL UPDATE: TGT1 ACHIEVED IN GOLD SELL CALL(LOW 28960). 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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