Daily Commodity Market Trends & Report 21-07-2014

8/12/2019 Daily Commodity Market Trends & Report 21-07-2014

http://slidepdf.com/reader/full/daily-commodity-market-trends-report-21-07-2014 1/4

Daily Newsletter-Commodity 21/07/2014

www.capitalheight.com

http://www.capitalheight.com/

http://www.capitalheight.com/




[email protected]

Phone- (0731)6615050-66201

MARKET WRAP

Gold futures fell for the first time in three days

dollar reached a four-week high

crude fell amid speculation that the biggest weekly gain in more than a month

Silver futures for September delivery fell 1.2 percent

Copper retreated 1 percent to the lowest in more than two weeks

Gold futures fell for the first time in three days as speculation that the Federal

Reserve will raise U.S. interest rates sooner than expected outweighed concerns that

tensions between Ukraine and Russia will escalate. Bullion rose 8.9 percent this year

as Fed policy makers pledged to keep borrowing costs low, while turmoil in the Middle

East and Eastern Europe spurred demand for a haven asset. The metal posted the

first weekly drop since May as gains in the U.S. economy bolster the case for a rate

increase. The dollar reached a four-week high against a basket of 10 major currencies.

Silver futures for September delivery fell 1.2 percent to $20.886 an ounce. This week,the price dropped 2.7 percent, halting the longest rally since September 2012. West

Texas Intermediate crude fell amid speculation that the biggest weekly gain in more

than a month was excessive. Brent in London declined.

ECONOMIC CALENDAR Date Time Currency Economic Data Forecast Previous

MonJul 21

11:30am EUR German PPI m/m 0.1% -0.2%

3:30pm EUR German Buba Monthly Report




[email protected]

Phone- (0731)6615050-66201

TECHNICAL VIEW

GOLD(AUG) SILVER(SEP)

COPPER(AUG) CRUDE(JULY)

NATURALGAS(JULY) LEAD(JULY)

ZINC(JULY) NICKEL(JULY)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 28650

• R1 - 28380Resistance

• S1 - 27850

• S2 - 27580support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 46700


• S1 - 43550


• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 441


• S1 - 421

• S2 - 415support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 6350


• S1 - 6150


• Consolidate

• Sell on high

Trend

Strategy

•R2 - 253

•R1 - 245Resistance

•S1 - 234

•S2 - 227support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 136.7

• R1 - 133.3Resistance

• S1 - 129.2

•S2 - 127.5support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 142.5

•R1 - 139.5Resistance

•S1 - 135.2


• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 1178

•R1 - 1145Resistance

•S1 - 1103

•S2 - 1085support




[email protected]

Phone- (0731)6615050-66201

ALUMINIUM(JULY)

DisclaimerThe 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 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. Money CapitalHeight Research Pvt. Ltd. recommends that investors independentlyevaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money

CapitalHeight Research Pvt. Ltd. shall not be responsible for any transaction conducted based on the information given in this

report, which is in violation of rules 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 Money CapitalHeight

Research Pvt. Ltd. might be 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.

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. we are not responsible for any loss incurred

whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight

Research Pvt. Ltd. does not 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.

• Bullish

• Buy on dipsTrend

Strategy

•R2 - 123.5

•R1 - 120.8Resistance

•S1 - 117.3


Daily Commodity Market Trends & Report 21-07-2014

Documents

Transcript of Daily Commodity Market Trends & Report 21-07-2014