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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-26-2017

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RIPPLES-COMMODITY-DAILY-REPORT-APRIL-26-2017

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  1. BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 26th April 2017 Tracking Market Commodity News APR 26/2017 Close AbsChange Energy Oil falls on bulging U.S. crude inventories, record global supplies Oil prices resumed their downward trend on Wednesday as data showed a rise in U.S. crude inventories and record supplies in the rest of the world cast doubt on OPEC's ability to cut supplies and tighten the market. Bullions Gold dips in Asia as geopolitical tensions take back seat Gold dropped to its lowest level in two weeks, as risk on sentiment continued to dominate asset flows, after recent polls pointed to an easy victory for pro-EU candidate Emmanuel in the runoff vote for the French presidency, scheduled for May 7. Currency Dollar under pressure as Euro soars to five-month high The dollar traded lower against a basket of major currencies on Tuesday, after the release of mixed U.S. economic data while a rally in the euro weighed on the greenback. Base Metals Trump's Tax Cut Proposal Increases Wedge Between Gold and Copper Speculation about President Donald Trump’s proposed tax cuts is expanding the wedge between the precious and industrial metals. Agri Commodity Govt targets a record 273 mt of food grain production in 2017-18 The government has set the food grain production target for 2017-18 crop year (July- June) at a record 273 mt, Agriculture Minister Radha Mohan Singh has said. 30% Coonoor tea unsold As much as 30 per cent of the 13.12 lakh kg offered for Sale No: 16 of Coonoor Tea Trade Association (CTTA) auctions remained unsold despite the average price falling to ?101.21 a kg -the lowest so far in calendar 2017-following inadequate demand. GOLD 28814 -317 SILVER 40416 -713 CRUDE OIL 3183 -7.00 NATURAL GAS 202.50 -2.50 COPPER 366.30 +2.80 NICKEL 596.70 +0.30 LEAD 139.70 +0.25 ZINC 166.80 -0.15 ALUMINIUM 125.60 +0.40 $ / Re. 64.26 -0.17 Light Sweet Crude Oil 49.36 +0.15 Gold $ / OZ- 1265.50 -12.40 Silver $ / OZ- 17.57 -0.34 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  2. BULLIONS WEEKLY TECHNICAL LEVELS PIVOT TABLES SCRIP S2 S1 R1 R2 STRATEGY SELL ON RISE GOLD 28578 28696 29001 29188 SELL ON RISE SILVER 39838 40140 40890 41350 SELL ON RISE CRUDE OIL 3137 3160 3200 3217 SELL ON RISE NATURALGAS 199.70 201.10 204.40 206.30 BUY ON DIPS COPPER 362.25 364.50 367.85 369.40 BUY ON DIPS NICKEL 588.20 592.50 599.80 602.90 BUY ON DIPS LEAD 137.50 138.70 140.50 141.70 BUY ON DIPS ZINC 164.50 165.65 167.85 169.10 BUY ON DIPS ALUMINIUM 123.80 124.70 126.15 126.70 Call @ +91-9039089381 Email : info@ripplesadvisory.com

  3. BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY SELL CRUDEOIL 3150 TGT 3120/3080 SL ABOVE 3195 PREVIOUS DAY CALL UPDATE: COPPER SELL CALL CLOSE AT 366.30(HIGH 367.25). 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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