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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-18-2017

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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-18-2017

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  1. BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 18th April 2017 Tracking Market Commodity News APR 18/2017 Close AbsChange Energy Oil prices mixed after U.S. production seen rising Crude oil prices were mixed in thin trading on Tuesday after the Easter holiday break shut many markets for as long as four days and a U.S. government report indicated rising production, which may keep a cap on prices after recent gains. Bullions Gold drifts weaker in Asia with Pence Japan visit in focus Gold prices came off recent gains in Asia on Tuesday with investors alert to possible comments by U.S. Vice President Mike Pence who is scheduled in Tokyo for talks with Japan's leadership, including on continued tension on the Korean peninsula. Currency Dollar/yen off five-month low but U.S.-Japan trade issues limit rise The dollar pulled away from five-month lows versus the yen on Tuesday, with comments from U.S. Treasury Secretary Steven Mnuchin and higher debt yields giving the bruised greenback some breathing space. Base Metals Shanghai aluminium surges after output cuts, China data supports Shanghai aluminium soared to nearly a four-year high on Monday after fresh capacity cuts in top producer China, while the country's robust first-quarter growth underpinned its demand outlook for most metals. Agri Commodity Record purchases by Govt fail to lift tur prices Prices of tur (arhar) continue to rule below the minimum support price level of Rs 5,050 per quintal in many markets across the key growing States of Maharashtra and Karnataka. Spot turmeric loses flavour The price of spot turmeric fell by Rs250 a quintal. The finger variety decreased by Rs 50 a quintal and the root variety by Rs 200.. GOLD 29430 +21 SILVER 42497 -74 CRUDE OIL 3399 -21 NATURAL GAS 205.00 -2.10 COPPER 370.15 +3.95 NICKEL 623.90 -2.80 LEAD 144.95 +0.25 ZINC 168.50 -0.10 ALUMINIUM 124.35 +1.35 $ / Re. 64.50 +0.10 Light Sweet Crude Oil 52.58 -0.33 Gold $ / OZ- 1286.30 -3.80 Silver $ / OZ- 18.41 -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 29315 29372 23485 23541 BUY ON DIPS SILVER 42242 42369 42687 42878 SELL ON RISE CRUDE OIL 3369 3384 3423 3447 SELL ON RISE NATURALGAS 201.80 203.50 207.70 210.30 SELL ON RISE COPPER 364.10 367.20 372.50 378.30 SELL ON RISE NICKEL 618.20 621.20 627.60 631.60 SELL ON RISE LEAD 143.85 144.40 145.35 145.75 SELL ON RISE ZINC 166.70 167.60 169.50 170.50 SELL ON RISE ALUMINIUM 121.80 123.10 125.10 125.80 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  3. BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY SELL NATURAL GAS BELOW 203 TGT 200/196 SL ABOVE 207 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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