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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-28-2017

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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-28-2017

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  1. BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 28th April 2017 Tracking Market Commodity News Energy Oil prices rise on potential OPEC cut extension, but face second weekly loss Oil prices rose on Friday but were still on track for a second straight weekly loss on concerns that an OPEC-led production cut has failed to significantly tighten an oversupplied market. Bullions Gold rebounds in Asia as Trump remarks to Reuters rile markets Gold prices rebounded in Asia on Friday after Trump unleashed a stream of comments covering the viability of an existing free trade pact with South Korea to making Seoul pay for a sophisticated anti-missile system deployed now on its soil Currency Rupee down 5 paise to 64.16/$ Snapping its three-day rise, the rupee eased froma 21-month high to end 5 paise lower at 64.16 against the US dollar on Thursday on fresh demand for the American currency from importers. Base Metals BHP advancing in sale of Chile's Cerro Colorado copper mine –union BHP Billiton is advancing with the sale of its small Cerro Colorado copper mine in Chile and there are a number of interested parties, although finalizing the deal will likely take some months, the mine's union said on Thursday. Agri Commodity Turmeric price stable The price of the turmeric remains almost stable on Thursday.At the Erode Turmeric Merchants Association Sales yard, the finger turmeric sold at Rs 5,519 to 7,309 a quintal, the root variety sold at Rs 5,419 to 6,836 a quintal. Soya refined dips on global cues Majority of oils traded low on slack physical demand and weak global cues with soy refined declining to Rs 613-15, while soy solvent ruled at Rs 585-90. Palm oil quoted at Rs 605-7, while cotton oil ruled at Rs595-97. APR 28/2017 Close AbsChange GOLD 28769 +50 SILVER 39670 -188 CRUDE OIL 3147 -52.00 NATURAL GAS 208.30 -1.60 COPPER 369.70 -0.85 NICKEL 601.70 +4.20 LEAD 142.35 +1.15 ZINC 167.40 -1.30 ALUMINIUM 123.25 -2.65 $ / Re. 64.14 +0.04 Light Sweet Crude Oil 49.24 +0.03 Gold $ / OZ- 1265.30 -5.50 Silver $ / OZ- 17.22 -0.25 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  2. BULLIONS WEEKLY TECHNICAL LEVELS PIVOT TABLES SCRIP S2 S1 R1 R2 STRATEGY BUY ON DIPS GOLD 28649 28708 28823 28877 BUY ON DIPS SILVER 39332 39501 39963 40256 BUY ON DIPS CRUDE OIL 3056 3102 3192 3236 SELL ON RISE NATURALGAS 204.40 206.20 210.50 212.50 BUY ON DIPS COPPER 359.50 362.70 367.60 368.95 BUY ON DIPS NICKEL 582.90 589.20 600.50 604.50 BUY ON DIPS LEAD 139.05 141.10 144.50 145.35 BUY ON DIPS ZINC 163.80 165.45 168.50 170.00 BUY ON DIPS ALUMINIUM 120.50 121.65 124.95 127.10 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  3. BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY BUY ZINC ABOVE 168.50 TGT 170/173 SL BELOW 166 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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