Ripples Advisory Pvt .Ltd .Commodity Report 5 -Jan-2018



Summary

BUY ZINC ABOVE 214 TGT 215 /217 SL BELOW 212

PIVOT TABLES

SCRIP
  S2
S1
R1
R2
STRATEGY
GOLD
28990
29110
29290
29360
BUY ON DIPS
SILVER
38700
38990
39450
39650
BUY ON DIPS
CRUDE OIL
3880
3900
3940
3970
BUY ON DIPS

Energy

Oil prices hold near 2015 highs, but doubts over rally emerge

Oil prices held firm on Friday, with Brent crude up by more than 10 percent from its December lows on the back of political tensions in OPEC-member Iran and a tightening U.S. market.

Bullions

Gold Gains In Asia As Investors Look To US Nonfarm Payrolls

Gold prices rose in Asia on Friday with US nonfarm payrolls key for the precious metal and a reading of 190,000 new jobs added in December expected today.

Currency

Upbeat Economic Data Fails To Rescue Dollar, EUR/USD Nears 3-Year High

The dollar continued to languish at there-month lows on Thursday as an upbeat labor market report failed spark a rebound in the greenback.

Base Metals

London zinc prices ease after rally on supply concerns

London zinc eased on Friday as some investors took profits after overnight prices touched their highest in over a decade due to supply concerns

AgriCommodity

Buying support lifts soya

Despite weak global cues, majority of oils and oil seeds have edged higher in the past one week on scattered demand and buying support.

Mixed trend in sugar

Sugar prices at Vashi

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The information and views in this report ,our website & all the service we provide are believed to be realize , but we do not accept any responsibility for errors of fact or opinion . User shave the right to choose the products that suits them the most .Sincere efforts have been made to present the rights investment perspective. The information contained here in is based on analysis and up on sources that we consider reliable.

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