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Transcript of Commodity Tips by
Daily Newsletter06/05/2011
Daily Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Silver slide steepest since 1983
Oil plunged nearly 6 percent on Thursday
Silver tumbled to a 5-week low
Gold slide more than 1.5% on Thursday
Copper falls to lowest so far in 2011
U.S. jobless claims hit an eight-month high
Silver touched a five-week low and was set for its deepest weekly decline in nearly 30
years. The dollar index this week fell to its lowest since July 2008, but the currency
rebounded on Thursday. Oil plunged nearly 6 percent on Thursday, headed for the
biggest four-day loss in a year, sparked by a sell-off across commodities markets on
mounting worry about the economy. U.S. jobless claims hit an eight-month high, and
productivity growth slowed.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Fri May 6
12:15pm EUR French Gov Budget Balance -28.0B
12:15pm EUR French Trade Balance -6.2B -6.6B
3:30pm EUR German Industrial Production m/m 0.6% 1.6%
5:00pm USD FOMC Member Yellen Speaks
6:00pm USD Non-Farm Employment Change 185K 216K
6:00pm USD Unemployment Rate 8.8% 8.8%
6:00pm USD Average Hourly Earnings m/m 0.2% 0.0%
TECHNICAL
GOLD(JUNE)
COPPER(JUNE)
NATURALGAS(MAY)
ZINC(MAY)
• Consolidate
• Buy on dips
Trend
Strategy• R2 -22340
• R1 -22080Resistance
• S1 -21680
• S2 -21450support
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 419
• R1 - 411Resistance
• S1 - 394
• S2 - 385support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 211
•R1 - 203Resistance
•S1 - 189
•S2 - 181support
• Bearish
• Sell on high
Trend
Strategy
•R2 - 99.5
•R1 - 96.7Resistance
•S1 - 92.5
•S2 - 89.8support
ECHNICAL VIEW
SILVER(JULY
CRUDE(MAY
) LEAD(MAY
NICKEL(MAY
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 59500
• R1 - 57250Resistance
• S1 - 54550
• S2 - 52500support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 4780
• R1 - 4695Resistance
• S1 - 4550
• S2 - 4460support
• Bearish
• Sell on high
Trend
Strategy• R2 - 109.5
• R1 - 106.3Resistance
• S1 - 102.8
•S2 - 99.5support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 1164
•R1 - 1137Resistance
•S1 - 1093
•S2 - 1058support
www.capitalheight.com
Phone- (0731)4295950
JULY)
MAY)
MAY)
MAY)
Consolidate
Buy on dips
59500
57250
54550
52500
Consolidate
Sell on high
4780
4695
4550
4460
Sell on high
109.5
106.3
102.8
99.5
Consolidate
Sell on high
1164
1137
1093
1058
ALUMINIUM(MAY)
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. Capitalhe
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 g
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 chan
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 r
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 has its ow
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 - 121.5
•R1 - 119.7Resistance
•S1 - 116.7
•S2 - 114.5support
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,
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 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
rt 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
received directly or indirectly by them. If found so then Serious Legal Actions can be taken.
www.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
ight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
iven 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
ecommendation 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