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#RIPPLES-#COMMODITY-DAILY-#REPORT-10-#MAY-2017

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#RIPPLES-#COMMODITY-DAILY-#REPORT-10-#MAY-2017

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  1. BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 10th May 2017 Tracking Market Commodity News Energy Oil prices rise in Asia in expectation of Aramco supply cut Oil futures rose in Asian trading on Wednesday after Reuters reported Saudi Arabia would cut supplies to the region as OPEC battles against rising U.S. output that is threatening to derail its attempts to end a sustained global glut in crude. Bullions Gold gains in Asia as Trump's firing of Comey sparks policy concerns Gold gained in Asia on Wednesday as markets reacted to a decision by President Donald to dramatically fire FBI Director James ,fearing that the resulting political blowback could further derail efforts at tax cuts and other economic policy aims. Currency Dollar slips after Trump fires FBI Director The dollar slid on Wednesday and the perceived safe-haven yen gained after US President Donald Trump abruptly fired FBI Director James Comey in a move that shocked Washington and piqued investors' aversion to risk. Base Metals BHP starts process to sell its Cerro Colorado copper mine BHP Billiton said on Wednesday it has started a sales process to potentially divest its Cerro Colorado copper mine in Chile, one of its smaller operations in South America. Agri Commodity Edible oils continue to rise Imported palmolein and soya oil continued their uptrend on Tuesday as local refineries quoted higher rates tracking firm overseas futures amid weak rupee which makes import costly. Demand-supply balance steadies pepper The pepper markets ruled steady on Tuesday on matching demand and supply. Sri Lankan pepper imported by paying 8 per cent duty is being offered at Rs 550 a kg in the Indian market. MAY 10/2017 Close AbsChange GOLD 27971 -120 SILVER 37789 -222 CRUDE OIL 2969 -11 NATURAL GAS 209.70 +5.50 COPPER 359.10 +2.45 NICKEL 597.00 +7.30 LEAD 140.50 +0.70 ZINC 168.90 +2.05 ALUMINIUM 121.05 +0.15 $ / Re. 64.61 +0.31 Light Sweet Crude Oil 46.20 -0.30 Gold $ / OZ- 1221.30 -4.90 Silver $ / OZ- 16.18 -0.05 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  2. BULLIONS WEEKLY TECHNICAL LEVELS PIVOT TABLES SCRIP S2 S1 R1 R2 STRATEGY SELL ON RISE GOLD 27809 27890 28113 28225 SELL ON RISE SILVER 37454 37620 38025 38365 BUY ON DIPS CRUDE OIL 2910 2939 3011 3054 BUY ON DIPS NATURALGAS 203.10 206.40 211.60 213.60 BUY ON DIPS COPPER 352.90 356.10 361.60 364.60 BUY ON DIPS NICKEL 577.60 587.70 605.60 613.50 BUY ON DIPS LEAD 137.80 139.20 141.95 143.60 BUY ON DIPS ZINC 164.45 166.70 170.95 172.95 BUY ON DIPS ALUMINIUM 120.10 120.55 121.65 122.20 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  3. BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY BUY LEAD ABOVE 142 TGT 143.50/146 SL BELOW 140 PREVIOUD DAY CALL UPDATE:TGT1 ACHIEVED IN ZINC BUY CALL(HIGH 170.70) 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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