Neal Bhai Weekly Research Report
Vidur Niti in Hindi
Vidur Niti in Hindi
आइये हम उनके कुछ अनमोल वचनों को जानते हैं
श्लोक 1 :
निषेवते प्रशस्तानी निन्दितानी न सेवते।
अनास्तिकः श्रद्धान एतत् पण्डितलक्षणम्।।
अर्थ: जो अच्छे कर्म करता है और बुरे कर्मों से दूर रहता है, साथ ही जो ईश्वर में भरोसा रखता है और श्रद्धालु है, उसके ये सद्गुण पंडित होने के लक्षण हैं।
Oil Rose After an Unexpected Drop in Inventories
Gold Silver Reports – U.S. stocks tumbled following their biggest gain in two months, as disappointing results from Walt Disney Co. to Macy’s Inc. raised doubts about the strength of the American consumer. Oil rose after an unexpected drop in inventories, while the dollar fell.
The S&P 500 Index retreated for the first time in four days, while the Dow Jones Industrial Average erased all but five points of its Tuesday advance. Retailers led declines as Disney sank the most since January and Macy’s led a selloff in apparel shares. Energy producers rallied as U.S. oil surged past $46 a barrel. Industrial metals also climbed as Glencore Plc forecast demand will exceed supply. Brazilian shares fell, while the real climbed as the Senate geared up for a vote that could oust the president.
Gold: Hold Shorts Below 1283 Level
Gold Silver Reports – Gold looks like it could continue lower this week & holding below 1263/62 targets first support at 1255 but longs look risky. A bounce from here cannot be ruled out initially, but further losses towards trend line support at 1251/50 would not surprise.
Global Wheat 2016-17 Production
Gold Silver Reports – Global wheat supplies are projected to rise 2 percent from 2015/16 as increased beginning stocks more than offset a decline in production from the previous year’s record.
Total wheat production is projected at 727.0 million tons, the second highest total on record. Large crops are expected in most key competing countries and favourable spring growing conditions suggest that yields will be well above trend in the EU, Russia, and Ukraine.
Copper and Base Metals May Witness Bounce Back
Gold Silver Reports – Copper and All Base metals may witness bounce back at lower levels. Copper may move in the range of 303-315. Lead can hover in the range of 112- 119 while zinc can move in the range of 120-126.
MCX Gold Trading Level 29550-30150
Gold Silver Reports – Gold may open on strong note tracking firm international clues amid decline in greenback. Meanwhile movement of local currency rupee will give further direction to the prices.
Natural Gas MCX Trading Level 135-145
Gold Silver Reports – Natural gas on MCX settled up 0.64% at 140.80 dropped from the day’s high as weather forecasts limited expectations for gas-fired heating or cooling demand.
Aluminium MCX Trading Level 102-107
Gold Silver Reports – Aluminium on MCX settled down -2.3% at 103.95 held around 4-week lows on Tuesday after a weaker dollar and renewed jitters about Chinese economic growth tarnished demand for commodities.