Bullions: Gold steadied after two days of losses on
Friday, but was on track for its biggest weekly slide in eight weeks on the
back of a firmer dollar and indications from the U.S. Federal Reserve that it
could raise interest raise rates as early as June.
Yesterday’s our negative
stance on silver work silver breach 40000 our all achieved at 40200. .
COMMODITY
|
S2
|
S1
|
R1
|
R2
|
TREND
|
RANGE
|
Gold
|
29500
|
29650
|
29950
|
30050
|
SIDEWAYS
|
29500-29900
|
Silver
|
39100
|
39500
|
40200
|
40600
|
SIDEWAYS
|
39400-40200
|
Energy: Crude oil trade higher in evening session in MCX
after may contract expiry. Brent and WTI closed sharply off the session lows
due to crude export problems facing Canada's Suncor Energy (SU.TO) and reports
of trouble at Nigeria's Qua Iboe crude oil terminal.
"OUTLOOK: Buy June Crude Oil between 3225 – 3235, SL
– 3180, Target – 3300 / 3320"
COMMODITY
|
S2
|
S1
|
R1
|
R2
|
TREND
|
RANGE
|
Crude oil
|
3200
|
3240
|
3340
|
3370
|
BULLISH
|
3150-3295
|
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