COMMODITY NEWS LETTER DAILY (1)

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Daily Newsletter 10/03/2011 www.capitalheight.com www.capitalheight.com 12:00am USD Treasury Sec Geithner Speaks 12:00pm EUR French Final Non-Farm Payrolls q/q Gold underpinned by raging violence in Libya Copper loses ground on stronger oil price LME stocks of copper fall Zinc falls almost 5% on Wednesday Base metals tumbles on Wednesday Date Time Currency Economic Data Forecast Previous 0.2% 0.2% Thu Mar 10 info@capitalheight.com Phone- (0731)4295950 www.capitalheight.com

Transcript of COMMODITY NEWS LETTER DAILY (1)

  • Daily Newsletter10/03/2011

    Daily Newsletter-Commodity

    www.capitalheight.com

    www.capitalheight.com

  • www.capitalheight.com

    info@capitalheight.com

    Phone- (0731)4295950

    MARKET WRAP

    Gold underpinned by raging violence in Libya Copper loses ground on stronger oil price LME stocks of copper fall Zinc falls almost 5% on Wednesday Base metals tumbles on Wednesday

    Gold was little changed on Wednesday as investors booked profits, erasing earlier gains driven by intensifying political unrest across North Africa and the Middle East and renewed worries over euro zone debt. Copper fell on Wednesday as strengthening crude oil prices kept investors worried that inflationary pressures could hit economic growth and demand. U.S. crude inventories rose much more than expected last week as imports rose.

    ECONOMIC CALENDAR

    Date Time Currency Economic Data Forecast Previous

    Thu Mar 10

    12:00am USD Treasury Sec Geithner Speaks

    12:00pm EUR French Final Non-Farm Payrolls q/q

    0.2% 0.2%

    12:30pm EUR German Trade Balance 13.7B 14.0B 2:30pm EUR ECB Monthly Bulletin 7:00pm USD Trade Balance -41.4B -40.6B

    7:00pm USD Unemployment Claims 375K 368K 9:00pm USD Natural Gas Storage

  • TECHNICAL

    GOLD(APR)

    COPPER(APR)

    NATURALGAS(MAR)

    ZINC(MAR)

    Bullish

    Buy on dips

    Trend

    Strategy R2 -21480

    R1 -21170Resistance

    S1 -20930

    S2 -20750support

    Consolidate

    Sell on high

    Trend

    Strategy

    R2 - 435

    R1 - 427Resistance

    S1 - 417

    S2 - 409support

    Consolidate

    Sell on high

    Trend

    Strategy

    R2 - 191

    R1 - 183Resistance

    S1 - 173

    S2 - 165support

    Consolidate

    Sell on high

    Trend

    Strategy

    R2 - 107.5

    R1 - 104.3Resistance

    S1 - 101.2

    S2 - 98.3support

    ECHNICAL VIEW

    SILVER(MAY

    CRUDE(MAR

    ) LEAD(MAR

    NICKEL(MAR

    Bullish

    Buy on dips

    Trend

    Strategy

    R2 - 55800

    R1 - 54750Resistance

    S1 - 53150

    S2 - 51700support

    Consolidate

    Buy on dips

    Trend

    Strategy R2 - 4870

    R1 - 4790Resistance

    S1 - 4670

    S2 - 4580support

    Consolidate

    Sell on high

    Trend

    Strategy R2 - 117.5

    R1 - 115.3Resistance

    S1 - 111.5

    S2 - 108.3support

    Consolidate

    Sell on high

    Trend

    Strategy

    R2 - 1255

    R1 - 1217Resistance

    S1 - 1173

    S2 - 1135support

    www.capitalheight.com

    info@capitalheight.com

    Phone- (0731)4295950

    MAY)

    CRUDE(MAR)

    LEAD(MAR)

    NICKEL(MAR)

    Buy on dips

    55800

    54750

    53150

    51700

    Consolidate

    Buy on dips

    4870

    4790

    4670

    4580

    Consolidate

    Sell on high

    117.5

    115.3

    111.5

    108.3

    Consolidate

    Sell on high

    1255

    1217

    1173

    1135

  • ALUMINIUM(MAR)

    Disclaimer The information and views in this report, our website & all the service we provide are believed to be reliable,

    accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui

    them the most.

    Sincere efforts have been made to present the right investment perspective. The information contain

    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

    provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate

    particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capi

    not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule

    and regulations of MCX and NCDEX.

    The metals price projections shown are not necessarily indicative of future pri

    together with all estimates and forecasts, can change without notice. Analyst or any person related to

    holding positions in the stocks recommended. It is understood that anyone who is browsing

    his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyon

    can be held responsible for . Any surfing and reading of the information is the acceptance of

    All Rights Reserved.

    Investment in Commodity and equity market has its own risks.

    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 - 118.7

    R1 - 116.5Resistance

    S1 - 114.2

    S2 - 111.5support

    The information and views in this report, our website & all the service we provide are believed to be reliable,

    accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui

    Sincere efforts have been made to present the right investment perspective. The information contain

    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

    made investment advice. Capitalheight recommends that investors independently evaluate

    particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capi

    not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule

    price projections shown are not necessarily indicative of future price performance. The information herein,

    together with all estimates and forecasts, 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 anyon

    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

    s 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

    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

    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

    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 shall

    not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules

    ce performance. The information herein,

    Capitalheight might be

    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

    this disclaimer.

    we are not responsible for any loss incurred

    Capitalheight does not

    Our Clients (Paid Or Unpaid), Any third party or

    share our calls or SMS or Report or Any Information Provided by us to/with anyone