Weekly Commodity Agri News Letter by CapitalHeight 13-12-2010
Daily Commodity News Letter by CapitalHeight 27-12-2010
-
Upload
money-capitalheight-research-pvt-ltd -
Category
Documents
-
view
215 -
download
1
description
Transcript of Daily Commodity News Letter by CapitalHeight 27-12-2010
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Copper steady in thin trade
Euro rebounds from three-week low versus dollar
Gold rises towards $1,385/oz as dollar retreats
Oil near 2-yr high on cold weather
SPDR gold ETF heads for biggest weekly outflow since July
Gold prices edged higher in Europe on Friday, supported by the euro's rebound from a
three-week low versus the dollar, and as a further ratings downgrade stoked concerns
over euro zone debt. Shanghai copper held steady on Friday, supported by upbeat U.S.
data and ongoing supply concerns. Demand for a range of long-lasting U.S.
manufactured goods surged in November and consumer spending rose for a fifth-
straight month. Oil hovered around its highest levels in more than two years on Friday,
supported by cold weather across the globe, appetite for risk assets and signals from
OPEC it would not arrest the rally.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Mon Dec 27
5:20am JPY Monetary Policy Meeting Minutes
5:20am JPY Monetary Policy Meeting Minutes
5:20am JPY CSPI y/y -1.1% -1.2%
10:30am JPY Housing Starts y/y 5.0% 6.4%
All Day GBP Bank Holiday
TECHNICAL
GOLD(FEB)
COPPER(FEB)
NATURALGAS(JAN)
ZINC(DEC)
• Consolidate
• Buy on dips
Trend
Strategy• R2 -20890
• R1 -20570Resistance
• S1 -20350
• S2 -20050support
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 437
• R1 - 429Resistance
• S1 - 422
• S2 - 414support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 201
•R1 - 193Resistance
•S1 - 183
•S2 - 175support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 107.5
•R1 - 105.1Resistance
•S1 - 102.8
•S2 - 98.5support
ECHNICAL VIEW
SILVER(MAR
CRUDE(JAN)
LEAD(DEC)
NICKEL(DEC
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 45750
• R1 - 44750Resistance
• S1 - 43750
• S2 - 42950support
• Bullish
• Buy on dips
Trend
Strategy• R2 - 4270
• R1 - 4190Resistance
• S1 - 4110
• S2 - 4030support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 114.3
• R1 - 111.9Resistance
• S1 - 109.3
•S2 - 106.5support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 1118
•R1 - 1097Resistance
•S1 - 1068
•S2 - 1045support
www.capitalheight.com
Phone- (0731)4295950
MAR)
)
)
NICKEL(DEC)
Consolidate
Buy on dips
45750
44750
43750
42950
Buy on dips
4270
4190
4110
4030
Consolidate
Buy on dips
114.3
111.9
109.3
106.5
Consolidate
Sell on high
1118
1097
1068
1045
ALUMINIUM(DEC)
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. 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 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
The information given herein should be treated as only factor, while making investment decision. The report does not
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. Capitalheight shal
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. 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 own
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
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
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
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 113.8
•R1 - 110.9Resistance
•S1 - 108.9
•S2 - 106.7support
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 shal
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 Ca
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 own
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
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.
www.capitalheight.com
Phone- (0731)4295950
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
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 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
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.
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