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According to the official reports, the White House pushed financial reform legislation Sunday, while Republicans denounced the measure and Sen. Scott Brown, R-Mass., threatened to filibuster it.

The Democratic-backed measure would allow bailouts of giant Wall Street financial institutions, Senate Majority Leader Mitch McConnell, R-Ky., said on CNN's "State of the Union."

Swastikas and images of Palestinian flags were spray-painted on the walls of a synagogue and a Jewish home Sunday morning, Police in Tel Aviv has informed.

Ynetnews. com said that the vandalism occurred at the Ajami neighborhood of Jaffa near the Arab-Jewish Center and an elementary school attended by Jews and Arabs.

Pepper continued falling Saturday on sluggish demand in the spot market and poor overseas enquiries. Spot pepper dropped 78 rupees to end at 15,047 rupees per 100 kg in Kochi. In the international market demand is lower as our parity is high. May delivery dropped Rs 159 and settled at Rs 15211/quintal. The contract touched the intra day high of Rs 15370/quintal while low of Rs 15175/quintal. Now support for the pepper is seen at 15134 and below could see a test of 15057. Resistance is now likely to be seen at 15329, a move above could see prices testing 15447.

Trading Ideas:

Pepper trading range is 15057-15447.

Guar ended down on Saturday due to profit booking by traders. Weak spot market prices also weighed. In Jodhpur, a major trading hub in Rajasthan, guar fell 19 rupees to 2,356 rupees per 100 kg. Guar yesterday we have seen that market has moved -1.09%. Market has opened at 2382 & made a low of 2361 versus the day high of 2392. The total volume for the day was at 152660 lots and the open interest was at 183680.Now support for the guar is seen at 2355 and below could see a test of 2343. Resistance is now likely to be seen at 2386, a move above could see prices testing 2405.

Trading Ideas:

Guar trading range is 2343-2405.

China Minmetals Corp is considering whether to reopen the Avebury nickel mine in Australia. Avebury nickel mine produced 2,000 tons of nickel in 2008 but was shut down in 2009 because of low nickel prices. Nickel has touched a low of Rs 1184 a kg after opening at Rs.1184.7, and last traded at Rs 1185.4.For today market is looking for the support at 1183.7, a break below could see a test of 1182 and where as resistance is now likely to be seen at 1187.4, a move above could see prices testing 1189.4.

Trading Ideas:

Nickel trading range is 1182-1189.4.

Minmetals may reopen nickel mine in Australia

Mitsui Mining & Smelting Co. said it raised its zinc selling price by Y5,000 to Y270,000 a metric ton.  This will bring the average zinc selling price for April to Y267,500. Zinc yesterday we have seen that market has moved 0.19%. Market has opened at 106.75 & made a low of 106.7 versus the day high of 106.9. The total volume for the day was at 499 lots and the open interest was at 3327.Now support for the zinc is seen at 106.7 and below could see a test of 106.6. Resistance is now likely to be seen at 106.9, a move above could see prices testing 107.

Trading Ideas:

Zinc trading range is 106.6-107.