Commodity Market Weekly Research Report For 24th To 28th April By Trad

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301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801

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301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801  PRECIOUS-Gold climbs quietly as investors wary ahead of French vote Gold prices rose slightly on Friday as investors awaited the first-round of voting in the presidential French election at the weekend and possible announcements about tax changes in the United States.  Metals prices build on Thursday’s gains Base metals prices have managed to generally build on the gains from Thursday with three-month London Metal Exchange prices up an average of 0.4 this morning Friday April 21.  US crude down more than 6 this week on OPEC output cut doubts. Oil prices tumbled more than 2 percent on Friday marking the biggest weekly drop in a month on renewed concerns that increasing U.S. production and high inventories will thwart OPECs attempts to reduce the global crude glut.

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301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 TECHNICAL ANALYSIS OUTLOOK : GOLDJUN SUPPORT:- 29230-29050 RESISTANCE:- 29570-29730 TREND:- BULLISH STRATEGY :- BUY ON DIPS GOLD TECHNICAL OUTLOOK Technically trend in the Gold Jun contract looks bullish and is likely to continue with the trend for near term. Support is seen at 29150 while resistance is seen at level 29700. Traders may buy on dips at 29350 with the stop loss of 28900 for the target of 29680. In Comex gold has strong resistance at 1298 . This week gold closed at 1284.75.Major support now at 1270- 1250 and strong resistance at 1298-1310.

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301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 SILVER OUTLOOK : SILVERMAY SUPPORT:- 40670-40060 RESISTANCE:- 42330-43350 TREND:- BEARISH STRATEGY :- BUY ON DIPS TECHNICAL OUTLOOK Technically trend in the Silver MAY. contract looks short term bearish and is likely to reversal form lows for near term. Support is seen at 40670 while resistance is seen at 42330 level. Traders may buy on dips at 40800 with the stop loss of 40300 for the target of 41700MCX Silver MAY Contract showed some downside movement this week and wil agin follow buying trend. In Comex silver has a resistance of 18.25 and strong support at 17.30. In COMEX Silver closed 17.93.

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301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 COPPER OUTLOOK : COPPERAPR SUPPORT:- 355-348 RESISTANCE:- 371-379 TREND:- SIDEWAY STRATEGY :- BUY ON DIPS TECHNICAL OUTLOOK The trend in mcx Copper APR. contract looks short term sideway after that we will see recovery from lower side and again up side is expected for near term. Support is seen at 355.00 while resistance is seen at 371.00 level. Traders may buy on dips at 360 with the stop loss of 347 for the target of 371.

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301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 CRUDE OIL TECHNICAL OUTLOOK The trend in mcx Crude Oil Apr. Contract looks short term bearish and further downside is expected for near term but we will see some recovery from lower side buy on dips stratagy. Support is seen at 3120 while resistance is seen at 3370 level. Traders may buy around 3150. With the stop loss of 3060 for the target of 3250. In Nymex Crude Oil has a resistance of 51.30 and strong support at 47. In NYMEX Crude Oil closed 49.53. OUTLOOK : CRUDEOILMAY SUPPORT:- 3120-3040 RESISTANCE:- 3360-3520 TREND:- BEARISH STRATEGY :- BUY ON DIPS

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301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 INTERNATIONAL MARKET UPDATE GOLD 1284.75 SILVER 17.93 COPPER 2.53 CRUDEOIL 49.53 USDINR 64.61 EURUSD 1.070 USDJPY 109.10 GBPUSD 1.279

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301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 ECONOMIC CALENDAR

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301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 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. This material is for personal information and based upon it takes no responsibility. The information given herein should be treated as only factor while making investment decision. The report does not provide individually tailor-made investment advice. Trade India Research Recommends that investors independently evaluate particular investments and strategies and encourages investors to seek the advice of a financial adviser. Trade India Research shall not be responsible for any transaction conducted based on the information given in this report which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein together with all estimates and forecasts can change without notice. Analyst or any person related to Trade India Research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer. All Rights Reserved. Investment in Commodity and equity market has its own risks. DISCLAIMER

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301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 We however do not Touch for the accuracy or the completeness thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Trade India Research does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients Paid Or Unpaid Any third party or anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.

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