Commodity Daily Research Report For 12th April 2017 By TradeIndia Rese

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11/04/2017 301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801

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11/04/2017 301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 Crude futures strengthened on geo-political worries: Crude oil futures continued their up move amid concerns about geopolitical tension. Lingering geopolitical concerns after last Fridays gains after the U.S. missile strike on a Syrian airbase kept supporting the crude prices. Although Syria is no longer a significant oil producer it neighbors and has relationships with big oil producers in the oil-rich region. Also production halted at Libya’s largest oilfield for the second time in as many weeks while rising geopolitical tensions in the Middle East lifted sentiment. Copper futures edge down on MCX: Copper futures edged down on MCX due to profit- booking by speculators who trimmed their positions at existing levels amid subdued demand at the domestic spot markets. Gold futures end lower on Monday: Gold futures ended lower on Monday as investors dialed back worries about geopolitical tension to focus on hawkish comments from the Federal Reserve.

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11/04/2017 301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 TECHNICAL ANALYST OUTLOOK: TREND: - DOWN RESISTANCE: - 28900 29000 SUPPORT: - 28700 28600 STRATEGY: - SELL ON HIGH. GOLD TECHNICAL OUTLOOK The prices of Refined Gold gained marginal ground with session ending at Rs 28747 per 10 grams. The metal tested a high of Rs 28800 per 10 grams and a low of Rs 28621 per 10 grams. Resistance for Gold is at Rs 28900 and 29000 per 10 grams. Meanwhile support for Gold is at Rs 28500 per 10 grams.

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11/04/2017 301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 SILVER OUTLOOK: TREND: - DOWN RESISTANCE: - 41600 41750 SUPPORT: - 41250 41050 STRATEGY: - SELL ON HIGH. TECHNICAL OUTLOOK Prices of Refined silver were down and end the trades at Rs 41366 per 30 kilogram. On the higher side Rs 41468 per 30 kilogram was noted while lows were at Rs 41006 per 30 kilograms. The metal remains under a volatile zone where Rs 42550 levels as resistance and Rs 41000 as support will be beneficial for day term.

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11/04/2017 301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 COPPER OUTLOOK: TREND: - DOWN RESISTANCE: - 375.50378 SUPPORT: -370.50 368 STRATEGY: - SELL ON HIGH. TECHNICAL OUTLOOK The prices of copper declined significantly on the back of short positions increase in the metal. Deprived Copper showed further losses of 0.89 in the session gone by. At the time of closing Copper was at Rs 372.70 per kg. On the higher side Rs 375.90 per kg was noted while on the lower side Rs 371.45 per kg was tested. Resistance for Copper is at Rs 378-380 per kg. Supports of Rs 365 and 362 per kg is active.

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11/04/2017 301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 CRUDE OIL OUTLOOK: TREND: - UP RESISTANCE: - 3450 3475 SUPPORT: - 3400 3370 STRATEGY: - BUY ON LOW. TECHNICAL OUTLOOK Technical Crude Oil was up by 1.91 on the session ending 10 April 2017. On the higher side Rs 3430 per barrel was tested. On the lower side Rs 3365 per kg was noted. Crude Oil closed at Rs 3571 per barrel. Resistance for Crude Oil is at Rs 3480 and 3500 per barrel. Support for Crude Oil is at Rs 3350 per barrel.

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11/04/2017 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 DISCLAIMER

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11/04/2017 301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801 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. 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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11/04/2017 301 3 rd Floor Mangal City Vijay Nagar Indore Toll Free : 18003157801

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