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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-27-2017

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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-27-2017

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  1. BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 27th April 2017 Tracking Market Commodity News APR 27/2017 Close AbsChange Energy Oil prices fall on lingering oversupply concerns Oil prices dipped on Thursday, weighed down by a general sentiment of globally bloated markets, though traders said that prices seemed to have found support around current levels. Bullions Gold prices rebound in Asia after recent dips, geopolitics eyed Gold prices rebounded mildly in Asia on Thursday as investors took positions on potential geopolitical risks on the Korean peninsula where the U.S. has moved to setup a anti-missile system to deter North Korea from launching ballistic missiles. Currency Rupee up 15 paise to 64.11/$ In line with a spectacular rally in equities, the rupee on Wednesday surged 15 paise to close near a fresh 21-month high of 64.11, the third straight session of gains, energized by positive global cues. Base Metals London copper trades little changed as dollar drops London copper held near its highest in a week on Wednesday as the U.S. dollar lost ground against the euro in the wake of the French election, making commodities more affordable for buyers paying with other currencies. Agri Commodity Oilseed industry looks to normal monsoon for respite from imports The India Meteorological Department’s (IMD) prediction of a normal monsoon this year has brought cheer to the farming community, especially in the oilseeds sector, which is highly dependent on edible oil imports. Downtrend continues in pulses Downtrend in pulse seeds and pulses continued on slack physical demand. Tur (Maharashtra)quoted at Rs 4,000-4,050 a quintal, while tur (Madhya Pradesh) ruled at Rs 3,500-3,600. GOLD 28719 -95 SILVER 39858 -558 CRUDE OIL 3199 +16.00 NATURAL GAS 209.90 +7.40 COPPER 366.80 +0.50 NICKEL 591.30 -5.40 LEAD 141.00 +1.30 ZINC 168.25 +1.45 ALUMINIUM 125.60 0.00 $ / Re. 64.10 -0.15 Light Sweet Crude Oil 49.21 -0.15 Gold $ / OZ- 1270.80 +5.30 Silver $ / OZ- 17.47 -0.10 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  2. BULLIONS WEEKLY TECHNICAL LEVELS PIVOT TABLES SCRIP S2 S1 R1 R2 STRATEGY BUY ON DIPS GOLD 28574 28646 28807 28894 BUY ON DIPS SILVER 39367 39612 40239 40621 SELL ON RISE CRUDE OIL 3116 3158 3234 3268 SELL ON RISE NATURALGAS 200.60 205.30 212.60 215.60 BUY ON DIPS COPPER 362.50 364.70 268.10 369.40 BUY ON DIPS NICKEL 586.10 589.50 595.50 600.00 BUY ON DIPS LEAD 137.20 139.10 142.15 143.25 BUY ON DIPS ZINC 165.40 166.85 169.10 169.90 BUY ON DIPS ALUMINIUM 124.10 124.85 126.05 126.55 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  3. BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY BUY GOLD ABOVE 28830 TGT 28930/29150 SL BELOW 28650 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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