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BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 15th May 2017 Tracking Market Commodity News Energy Crude soars in Asia on Saudi, Russian comments on crude cut extension Crude prices rallied sharply after Saudi Arabia and Russia said they agreed on the need to extend output cuts into March next year Bullions Gold steady as risk appetite fades, dollar pressured Gold prices on Monday held on to their gains in the previous session, as weaker-than- expected economic data from the U.S. Currency Dollar starts week under shadow of underwhelming data, North Korea The dollar started the week on the defensive on Monday, after U.S. economic data came in shy of expectations Base Metals Copper gains on China growth hopes Copper rose on Friday after hitting a one-week high in the previous session with investors tempted by falling stockpiles Agri Commodity Sugar prices remain unchanged Sugar prices remain unchanged at Vashi and ruled firm at naka and mill level where it gained by 5-10 Pepper still under pressure Selling pressure continued to pound the spot pepper on Friday. On the terminal market 39 tonnes were traded at 520- 535 a kg MAY 15/2017 Close AbsChange GOLD 28005 +1 SILVER 38155 +163 CRUDE OIL 3066 -23 NATURAL GAS 219.70 +1.90 COPPER 359.80 +0.95 NICKEL 599.20 +0.80 LEAD 136.30 -3.65 ZINC 163.60 -2.75 ALUMINIUM 121.20 +0.35 $ / Re. 64.29 -0.07 Light Sweet Crude Oil 47.83 +0.01 Gold $ / OZ- 1227.70 +2.70 Silver $ / OZ- 16.40 +0.08 Call @ +91-9039089381 Email : info@ripplesadvisory.com
BULLIONS WEEKLY TECHNICAL LEVELS PIVOT TABLES SCRIP S2 S1 R1 R2 STRATEGY BUY ON DIPS GOLD 27878 27942 28099 28192 BUY ON DIPS SILVER 37980 38068 38268 38380 BUY ON DIPS CRUDE OIL 3018 3042 3093 3120 SELL ON RISE NATURALGAS 214.10 216.40 221.40 222.90 SELL ON RISE COPPER 356.70 358.60 361.20 362.45 SELL ON RISE NICKEL 590.60 594.50 603.50 607.50 SELL ON RISE LEAD 132.75 134.55 139.25 142.35 SELL ON RISE ZINC 160.55 162.60 166.40 169.20 SELL ON RISE ALUMINIUM 120.25 120.75 121.65 122.10 Call @ +91-9039089381 Email : info@ripplesadvisory.com
BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY BUY SILVER ABOVE 38550 TGT 38750/39050 SL BELOW 38300 Call @ +91-9039089381 Email : info@ripplesadvisory.com
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