Daily Commodity Report
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Transcript of Daily Commodity Report
Daily Newsletter16/08/2011
Daily Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Gold prices eased for a third session on Monday
European stocks lift from 2-year low
Oil rose by around $1 a barrel on Monday
Copper rises on soft dollar, Japan data
Dollar dips against basket of currencies
Gold prices eased for a third session on Monday as stock markets and cyclical assets
such as industrial commodities continued to recover from a rout they suffered early last
week, diverting investment away from the precious metal. Oil rose by around $1 a barrel
on Monday, supported by hopes European leaders will come up with solutions to the
region's debt crisis and broader gains in global markets. Copper rose on Monday,
supported by glimmers of economic recovery in Japan, a drawdown in inventories of the
metal and a softer dollar.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Tue Aug 16
6:00pm USD Building Permits 0.61M 0.62M
6:00pm USD Housing Starts 0.60M 0.63M
6:00pm USD Import Prices m/m 0.0% -0.5%
6:45pm USD Capacity Utilization Rate 77.0% 76.7%
6:45pm USD Industrial Production m/m 0.5% 0.2%
Tentative USD Loan Officer Survey
TECHNICAL
GOLD(OCT)
COPPER(AUG)
NATURALGAS(AUG
ZINC(AUG)
• Bullish
• Buy on dips
Trend
Strategy• R2 - 26300
• R1 - 25850Resistance
• S1 - 25420
• S2 - 25130support
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 417
• R1 - 408Resistance
• S1 - 393
• S2 - 385support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 195
•R1 - 187Resistance
•S1 -175
•S2 -167support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 102.5
•R1 - 99.8Resistance
•S1 - 94.8
•S2 - 90.5support
Phone
ECHNICAL VIEW
SILVER(SEP
) CRUDE(AUG
AUG) LEAD(AUG
NICKEL(
Buy on dips
26300
25850
25420
25130
• Consolidate
• Buy on dips
Trend
Strategy
• R2
• R1 Resistance
• S1 -
• S2 -support
Consolidate
Sell on high• Consolidate
• Buy on dips
Trend
Strategy• R2 -
• R1 -Resistance
• S1 -
• S2 -support
Consolidate
Sell on high
• Consolidate
• Sell on high
Trend
Strategy• R2
• R1 Resistance
• S1
•S2 support
Consolidate
Sell on high
102.5
• Consolidate
• Sell on high
Trend
Strategy
•R2 -
•R1 -Resistance
•S1 -
•S2 -support
www.capitalheight.com
Phone- (0731)4295950
SEP)
AUG)
AUG)
AUG)
Consolidate
Buy on dips
R2 - 60800
R1 - 59700
- 57850
- 56200
Consolidate
Buy on dips
- 4065
- 3980
3820
3750
Consolidate
Sell on high
R2 - 112.5
R1 - 109.3
- 105.3
- 102.5
Consolidate
Sell on high
- 1033
- 997
938
905
ALUMINIUM(AUG
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 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.
evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser.
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 pr
together with all estimates and forecasts, can change without notice. Analyst or any person related to
Research Pvt. Ltd. might be holding positions in the stocks recommended. It is understood th
through the site has done so at his free will and does not read any views expressed as a recommendation for which either t
site or its owners or anyone can be held responsible for . Any surfing and reading of the informa
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.
whatsoever for any financial profits or loss which may arise from the recommendations above.
Research Pvt. Ltd. does not purport to be an invitation or an offer to buy or sell any fi
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 th
taken.
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 111.5
•R1 - 109.6Resistance
•S1 - 105.8
•S2 - 102.5support
Phone
AUG)
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
rces 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
made investment advice. Money Capitalheight Research Pvt. Ltd. recommends that investors independently
evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser.
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.
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
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 t
site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this
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.
does not purport to be an invitation or an offer to buy or sell any financial instrument.
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
Consolidate
Sell on high
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
liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them
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 provide
recommends that investors independently
evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money
shall not be responsible for any transaction conducted based on the information given in this
ice performance. The information herein,
together with all estimates and forecasts, can change without notice. Analyst or any person related to Money Capitalheight
at 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
tion is the acceptance of this
we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Money Capitalheight
nancial 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
en Serious Legal Actions can be