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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-21-2017

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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-21-2017

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  1. BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 21st April 2017 Tracking Market Commodity News APR 21/2017 Close AbsChange Energy Oil prices set for biggest weekly drop in a month Oil traded steady on Friday, though it was set for its biggest weekly drop in about a month over doubts that an OPEC-led production cut will restore balance to a market that has been dogged by oversupply for more than two years. Bullions Gold weaker in Asia as investors monitor Paris shooting, French polls Gold for June delivery on the Comex division of the New York Mercantile Exchange fell 0.14% to $1,282.00 a troy ounce. Silver futures eased 0.10% to $18.000 a troy ounce Currency Euro steady, focus on Sunday's French presidential election The euro held steady below a three-week high against the dollar on Friday as investors awaited this weekend's first round of voting in France's presidential election. Base Metals Rio cuts copper output target after problems at giant mines Rio Tinto has cut production guidance for copper by 12 per cent following problems at two giant mines where it is involved in joint ventures, and reported lower than expected output from its flagship iron ore business because of bad weather. Agri Commodity Sluggish trend in soya oil A sluggish trend continued in oils despite strong global cues and scattered physical demand, with soya refined quoted at Rs 625-630, while soya solvent ruled at Rs 595- 560. Rubber seen gaining from global cues The Association of Natural Rubber Producing Countries (ANRPC) is bullish on the prospects for 2017, on the grounds that favourable trends in the overall commodity markets is expected to be mirrored in the natural rubber (NR) sector as well. GOLD 29295 -10 SILVER 41505 -393 CRUDE OIL 3301 -37 NATURAL GAS 203.40 -4.10 COPPER 364.15 +2.90 NICKEL 612.80 +5.20 LEAD 140.05 +0.25 ZINC 169.90 +4.50 ALUMINIUM 125.65 +2.50 $ / Re. 64.55 -0.02 Light Sweet Crude Oil 50.73 +0.15 Gold $ / OZ- 1283.60 +1.60 Silver $ / OZ- 18.01 -0.12 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  2. BULLIONS WEEKLY TECHNICAL LEVELS PIVOT TABLES SCRIP S2 S1 R1 R2 STRATEGY BUY ON DIPS GOLD 29141 29218 29357 29419 BUY ON DIPS SILVER 40785 41115 41925 42150 SELL ON RISE CRUDE OIL 3257 3279 3327 3353 SELL ON RISE NATURALGAS 199.20 201.50 206.70 209.80 BUY ON DIPS COPPER 355.30 359.60 366.70 369.40 BUY ON DIPS NICKEL 596.50 604.50 619.20 625.20 BUY ON DIPS LEAD 136.10 138.10 141.70 143.60 BUY ON DIPS ZINC 159.70 164.80 172.60 175.30 BUY ON DIPS ALUMINIUM 121.70 123.70 126.70 127.70 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  3. BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY BUY ZINC @170-169.50 TGT 172/175 SL BELOW 167 PREVIOUS DAY CALL UPDATE: NO SL NO TGT IN NG SELL CALL GIVEN AT 204(CLOSE 203.40) 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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