Commodity Tips by

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Daily Newsle 16/03/2011 etter-Commodity www.capita alheight.com

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Transcript of Commodity Tips by

Daily Newsletter16/03/2011

Daily Newsletter-Commodity

www.capitalheight.com

www.capitalheight.com

www.capitalheight.com

[email protected]

Phone- (0731)4295950

MARKET WRAP

Commodities tumble across the board

Gold slides as Japan crisis slams markets

Oil falls on Japan worry

Copper sinks to 3-month low

Silver recovers after sharp fall

Gold prices fell more than 2 percent on Tuesday, but were well off their lows, as rising

fears over Japan's nuclear crisis hit global financial markets, prompting a flight to liquid

assets like cash. Oil prices fell on Tuesday as Japan's nuclear crisis following last

week's earthquake sparked risk aversion, while unrest in Bahrain and Libya helped pull

prices off lows. Copper fell to a three-month low on Tuesday, after a mounting

emergency at a quake-stricken nuclear plant in Japan sparked a slide across financial

markets.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Wed Mar 16

6:00pm USD Building Permits 0.58M 0.56M

6:00pm USD PPI m/m 0.7% 0.8%

6:00pm USD Core PPI m/m 0.2% 0.5%

6:00pm USD Current Account -111B -127B

6:00pm USD Housing Starts 0.58M 0.60M

8:00pm USD Crude Oil Inventories 1.8M 2.5M

TECHNICAL

GOLD(APR)

COPPER(APR)

NATURALGAS(MAR)

ZINC(MAR)

• Consolidate

• Buy on dips

Trend

Strategy• R2 -21080

• R1 -20790Resistance

• S1 -20530

• S2 -20350support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 431

• R1 - 423Resistance

• S1 - 412

• S2 - 405support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 191

•R1 - 183Resistance

•S1 - 172

•S2 - 165support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 108.5

•R1 - 104.9Resistance

•S1 - 102.2

•S2 - 98.3support

ECHNICAL VIEW

SILVER(MAY

CRUDE(MAR

) LEAD(MAR

NICKEL(MAR

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 54650

• R1 - 53450Resistance

• S1 - 51450

• S2 - 50300support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4630

• R1 - 4540Resistance

• S1 - 4410

• S2 - 4335support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 118.5

• R1 - 115.7Resistance

• S1 - 111.2

•S2 - 107.3support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1188

•R1 - 1157Resistance

•S1 - 1106

•S2 - 1073support

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[email protected]

Phone- (0731)4295950

MAY)

CRUDE(MAR)

LEAD(MAR)

NICKEL(MAR)

Consolidate

Buy on dips

54650

53450

51450

50300

Consolidate

Buy on dips

4630

4540

4410

4335

Consolidate

Buy on dips

118.5

115.7

111.2

107.3

Consolidate

Sell on high

1188

1157

1106

1073

ALUMINIUM(MAR)

Disclaimer

The information and views in this report, our website & all

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 r

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 t

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

particular investments and strategies, and encourages investors

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 price performance. The information herein,

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

holding positions in the stocks recommended

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 r

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

• Sell on high

Trend

Strategy

•R2 - 117.7

•R1 - 114.8Resistance

•S1 - 111.5

•S2 - 108.7support

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 sui

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

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 rule

wn 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 i

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 pa

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

[email protected]

Phone- (0731)4295950

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

ight investment perspective. The information contained herein is based on

reated as only factor, while making investment decision. The report does not

made investment advice. Capitalheight recommends that investors independently evaluate

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

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

Capitalheight might be

. 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

eading 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