Post on 08-Mar-2016
description
Daily Newsletter29/03/2011
Daily Newsletter-Commodity
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MARKET WRAP
Gold keeps cutting loss as dollar retreats
Euro erased losses against the dollar
Oil felt pressure earlier by the stronger dollar
Copper prices stumbled on Monday
Copper stocks at highest since last July
Gold fell more than 1 percent on Monday, briefly dipping below $1,410 an ounce, as the
dollar rose after hawkish comments from a Federal Reserve official last week and as
impetus from unrest in the Middle East petered out. Oil retreated on Monday, with both
U.S. and Brent crude futures slipping over a dollar, after Libyan rebels regained control
of key oil towns and the dollar firmed on hawkish comments from a U.S. central banker.
Copper prices stumbled on Monday as renewed worries about Japan's crisis, unrest in
the Middle East and rising stocks persuaded investors to retreat from assets perceived
to be risky.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Tue Mar 29
1:10am USD FOMC Member Evans Speaks
11:30am EUR GfK German Consumer Climate 5.9 6.0
All Day EUR German Prelim CPI m/m 0.4% 0.5%
12:15pm EUR French Consumer Spending m/m 0.6% -0.5%
6:30pm USD S&P/CS Composite-20 HPI y/y -3.1% -2.4%
7:30pm USD CB Consumer Confidence 64.9 70.4
TECHNICAL
GOLD(APR)
COPPER(APR)
NATURALGAS(APR)
ZINC(MAR)
• Consolidate
• Buy on dips
Trend
Strategy• R2 -21130
• R1 -20870Resistance
• S1 -20630
• S2 -20450support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 447
• R1 - 439Resistance
• S1 - 427
• S2 - 418support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 217
•R1 - 208Resistance
•S1 - 197
•S2 - 189support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 108.5
•R1 - 105.7Resistance
•S1 - 103.3
•S2 - 100.5support
ECHNICAL VIEW
SILVER(MAY
CRUDE(APR)
LEAD(MAR
NICKEL(MAR
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 57550
• R1 - 56250Resistance
• S1 - 54850
• S2 - 53900support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 4895
• R1 - 4790Resistance
• S1 - 4670
• S2 - 4590support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 124.5
• R1 - 121.3Resistance
• S1 - 117.8
•S2 - 114.5support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 1228
•R1 - 1197Resistance
•S1 - 1163
•S2 - 1128support
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MAY)
)
LEAD(MAR)
NICKEL(MAR)
Consolidate
Buy on dips
57550
56250
54850
53900
Consolidate
Buy on dips
4895
4790
4670
4590
Consolidate
Buy on dips
124.5
121.3
117.8
114.5
Consolidate
Sell on high
1228
1197
1163
1128
ALUMINIUM(MAR)
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion.
them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
analysis and up on sources that we consider reliable.
This material is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not
provide individually tailor-made investment advice.
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shal
not be responsible for any transaction conducted based on the info
and regulations of MCX and NCDEX.
The metals price projections shown are not necessarily indicative of future price performance. The information herein,
together with all estimates and forecasts,
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at
his free will and does not read any views expresse
can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
All Rights Reserved.
Investment in Commodity and equity market h
We, however, do not vouch for the accuracy or the completeness thereof.
whatsoever for any financial profits or loss which may arise from the recommendations above.
purport to be an invitation or an offer to buy or sell any financial instrument.
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone
which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 119.3
•R1 - 117.5Resistance
•S1 - 115.1
•S2 - 112.5support
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
analysis and up on sources that we consider reliable.
rial is for personal information and based upon it & takes no responsibility
The information given herein should be treated as only factor, while making investment decision. The report does not
made investment advice. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shal
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules
price projections shown are not necessarily indicative of future price performance. The information herein,
can change without notice. Analyst or any person related to Capitalheight
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at
his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone
can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
Investment in Commodity and equity market has its own risks.
We, however, do not vouch for the accuracy or the completeness thereof. we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Capitalheight
purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone
which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
Users have the right to choose the product/s that suits
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
The information given herein should be treated as only factor, while making investment decision. The report does not
Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
rmation given in this report, which is in violation of rules
price projections shown are not necessarily indicative of future price performance. The information herein,
Capitalheight might be
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at
d as a recommendation for which either the site or its owners or anyone
can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
we are not responsible for any loss incurred
Capitalheight does not
Our Clients (Paid Or Unpaid), Any third party or
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone