Energy
Crude Oil Posts Asia Gains After API Estimates Offer Support.
Crude prices gained in Asia today as industry estimates of US inventories showed a sharp draw last week that lifted sentiment.
Bullions
Gold Eases In Asia After China Consumer Prices Come In A tad Weaker than Seen.
Gold prices fell in Asia today as weaker than expected consumer inflation in China last month gave some pause to views on global inflation rising more than expected in 2018.
Currency
Dollar Falls After China Prices Data Comes In Weaker.
The dollar dipped in Asia today as China inflation data came in weaker than expected
Base Metals
U.S. producers seek to block Chinese aluminum shipped via Vietnam.
U.S. aluminum products makers sought new trade protections against Chinese imports on Tuesday
Agri Commodity
Higher arrivals drag turmeric
RKV Ravishankar a trader said 5,000 bags were arrived for sale. The total sale was meagre with 60 per cent.
Sugar price rules steady
The sugar market ruled steady on Tuesday with little price movement, on routine demand, supply and volume. Arrivals at Vashi totalled 60 truck loads and local dispatches were at same level
PIVOT TABLE
SCRIP S2 S1 R1 R2 STRATEGY
GOLD 29060 29100 29240 29320 SELL ON RISE
SILVER 38600 38720 39050 39250 SELL ON RISE
CRUDE OIL 3890 3950 4030 4050 BUY ON DIPS
NATURALGAS 177.40 180.40 186.50 189.40 BUY ON DIPS
summary
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