DAILY CHART COMEX- GOLD

COMEX GOLD
IN The Daily Chart Below of Comex Gold, we can see it’s forming “Head & Shoulder” pattern.but to Breakout, Price has to go below its neck at $1205.Stoch indicator is at oversold area, for intraday, we expect price may take recovery up to $1210-$1205 level.And below this level price may go down to $1180-$1150.To get more knowledge about our services visit us at www.ripplesadvisory.com and contact 9039089374,9039089375 ,9039089370

MARKET COMMENTARY 12 APRIL 2016

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The market ended on a strong with the Nifty above 7700. The 50-share index was up 37.55 points or 0.5 percent at 7708.95. The Sensex was up 123.43 points or 0.5 percent at 25145.59. About 1509 shares have advanced, 1103 shares declined, and 120 shares are unchanged. GAIL, Maruti, Tata Motors, Adani Ports and Hero MotoCorp were top gainers while Coal India, Tata Steel, ITC, Hindalco and HDFC Bank were losers in the Sensex.

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MORNING TREND

RIPP-LESLADVIS-ORY
GOLD
SUPPORT: 29000/29150
RESISTANCE: 29500/29650
TREND: UP
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SILVER
SUPPORT: 37000/37400
RESISTANCE: 38100/38500
TREND: UP
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CRUDE OIL
SUPPORT: 2570/2620
RESISTANCE: 2710/2760
TREND: UP
RIPPLE
COPPER
SUPPORT: 302/304
RESISTANCE: 309/313
TREND: SIDEWAYS

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Indian Rupee Update

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The Indian rupee has opened with marginal gain of 3 paise at 66.40 per dollar on Tuesday versus 66.43 in previous session,USD-INR pair continues to trade in the 66-67/dollar range with intervention at lower levels capping the gains.

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