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BULLIONS WEEKLY TECHNICAL LEVELS Daily Commodity News letter 23rd March 2017 Tracking Market Commodity News Mar 23/2017 Close AbsChange Energy Oil bounces off November lows, but bloated US stockpiles pressure market Oil prices on Thursday recovered from losses chalked up the session before, but the market remains under pressure as bloated U.S. crude inventories and rising output dampen OPEC-led efforts to curb global production. Bullions Gold dips in Asia in light regional data day, U.S. eyed Gold prices eased in Asia on Thursday in a light regional data day as markets look to U.S. politics over healthcare for risk direction with a key vote expected in Congress. Currency Dollar gains in Asia as focus turns to Trump healthcare vote The dollar gained against the yen in Asia on Thursday as investors looked ahead to a key test of Republican control of Congress and the presidency with the fate of a healthcare bill due for a vote. Base Metals This World-Leading Copper Supplier Just Came Back Online The workers strike at the world’s largest copper mine, Chile’s Escondida, shows no signs of stopping. With unions this week rejecting a request by management for a new round of negotiations. Agri Commodity Edible oil imports may fall to 14 mt on record oilseeds output India's edible oil imports are likely to fall for the first time in recent years to 14 million tonnes in 2016-17 against 14.6 million tonnes reported last year. Govt considering imposing import duty on wheat: Agriculture Secy The government is considering imposing import duty on wheat in order to protect farmers amid projections of a record output this year, Agriculture Secretary Shobhana K. Pattanayak said today. GOLD 28885 +34 SILVER 41233 -49 CRUDE OIL 3164 -4 NATURAL GAS 198.20 -2.60 COPPER 381.90 +2.75 NICKEL 658.40 -5.20 LEAD 154.75 +6.05 ZINC 186.65 +2.75 ALUMINIUM 125.40 +0.10 $ / Re. 65.44 +0.18 Light Sweet Crude Oil 48.16 +0.01 Gold $ / OZ- 1248.60 +4.00 Silver $ / OZ- 15.55 0.00 Call @ +91-9039089381 Email : info@ripplesadvisory.com
BULLIONS WEEKLY TECHNICAL LEVELS PIVOT TABLES SCRIP S2 S1 R1 R2 STRATEGY BUY ON DIPS GOLD 28746 28818 28942 28998 BUY ON DIPS SILVER 40930 41082 41366 41500 BUY ON DIPS CRUDE OIL 3077 3121 3191 3217 SELL ON RISE NATURALGAS 195.20 196.70 200.90 203.60 BUY ON DIPS COPPER 373.70 377.80 384.50 387.10 BUY ON DIPS NICKEL 643.80 651.20 663.90 669.30 BUY ON DIPS LEAD 144.75 149.75 157.40 160.05 BUY ON DIPS ZINC 181.45 184.05 188.15 189.65 BUY ON DIPS ALUMINIUM 123.60 124.50 126.15 126.90 Call @ +91-9039089381 Email : info@ripplesadvisory.com
BULLIONS WEEKLY TECHNICAL LEVELS CALL OF THE DAY BUY COPPER ABOVE 383 TGT 387/391 SL BELOW 379 Call @ +91-9039089381 Email : info@ripplesadvisory.com
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