Commodity Tips by

4
Daily Newsle 06/05/2011 etter-Commodity www.capita alheight.com

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Transcript of Commodity Tips by

Page 1: Commodity Tips by

Daily Newsletter06/05/2011

Daily Newsletter-Commodity

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Page 2: Commodity Tips by

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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%

Page 3: Commodity Tips by

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

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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

Page 4: Commodity Tips by

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

[email protected]

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