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WEEKLY COMMODITY REPORT

10TH APR TO 14TH APR 2017


BULLIONS WEEKLY TECHNICAL LEVELS
GOLD(JUNE) MCX WEEKLY CHART

TRADING STRATEGY: WEEKLY PIVOTAL


MCX Gold APRIL contract, showed range-bound movement this week and made a weekly high of
29000 and low of 28404 due to rise in dollar index and appreciation in rupee which made limited S1 28392
upside for gold prices in mcx. In Comex, gold has strong resistance at $1261-1290 . This week
gold closed below $1260,major support now at $1246-$1232. S2 28100
PP 28696
For the next week,Gold APRIL contract has support at 28400 levels. And strong support in range
of 28200 to 27800 levels. R1 28988
Resistances are in the range of 29005 to 29170 levels. Above 29300 the next resistance is at R2 29292
29500 and 29800 levels.

WEEKLY RECOMENDATIONS:-

SELL GOLD APRIL BELOW 28600 TG 28400 /28200 SL ABOVE 28810


BUY GOLD APRIL ABOVE 28900 TG 29080 /29300 SL BELOW 28650
WEEKLY COMMODITY REPORT
22nd JUNE TO 27th JUNE 2015
BULLIONS WEEKLY TECHNICAL LEVELS
SILVER (MAY) MCX WEEKLY CHART

TRADING STRATEGY WEEKLY PIVOTAL


MCX Silver MAY Contract, showed downside movement this week due to rupee appreciation and
selling in international market from higher levels and made a weekly low of 41128.In Comex silver S1 40731
has a resistance of $18.60 and strong support at $17.50. In MCX Silver has a support around
40800 and resistance around 42400 levels. S2 40084
PP 41775
For the coming week, we expect Silver MAY contract go down to 40800-40600 levels. Resistance
are expected at 41800 to 42220 levels. R1 42423
R2 43468
WEEKLY RECOMENDATIONS:-

SELL SILVER MAY BELOW 41200 TG 40800/ 40500 SL ABOVE 41700


BUY SILVER MAY ABOVE 41910 TG 42400/43000 SL BELOW 41300
WEEKLY COMMODITY REPORT
05-09-JAN-2015
ENERGY WEEKLY TECHNICAL LEVELS
CRUDE OIL (APRIL) MCX WEEKLY CHART

TRADING STRATEGY:
MCX Crude Oil APRIL contract trading in upside movement this week due to U.S attack in syria .In WEEKLY PIVOTAL
NYMEX Crude Oil has resistance of $52.50 and strong support of $46.50.Oil rig count has up this
week by 10 to 672 from 662 showed by Baker Hughes report . S1 3285
Crude Oil APRIL contract having support at 3308 levels Below it at 3270 levels & strong supports S2 3211
at 3200 & 3080 levels. PP 3342
Resistances are at 3385 levels & above it at 3442 to 3500 levels & strong resistance at 3700
levels. R1 3416
R2 3473
WEEKLY RECOMENDATIONS:-

BUY CRUDE OIL APRIL AROUND 3330 TGT 3400/3460 SL BELOW 3280
SELL CRUDE OIL APRIL BELOW 3260 TGT 3210/3150 SL ABOVE 3313
BASE METALS WEEKLY TECHNICAL LEVELS
COPPER (APRIL) MCX WEEKLY CHART

TRADING STRATEGY: WEEKLY PIVOTAL


MCX COPPER APRL contract showed downside movement this week and made a weekly low of
370.60, support around 367-364 levels . We expect in the short-term copper prices will go up to S1 361.5
390 levels.
S2 368.75
For the next week, Copper April contract supports are at 370 levels. Resistance at 380 levels,and PP 377.9
strong Resistance are at 388 level. Above it at 395-415 levels.
R1 385.2
WEEKLY RECOMENDATIONS:- R2 394.3
SELL COPPER APR BELOW 363 TG 356/350 SL ABOVE 368
BUY COPPER APR ABOVE 379 TG 385/390 SL BELOW 372
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