Daily Commodity Report

Daily Newsletter08/08/2011

Daily Newsletter-Commodity

www.capitalheight.com



[email protected]

Phone- (0731)4295950

MARKET WRAP

Gold resumes rise on economic fears

Nickel, zinc, lead, tin finish down around 5 percent

US July payrolls beat forecasts

Base metals hit multi-week lows on Friday

Oil ended up on Friday after an initial plunge

Gold resumed its rally on Friday as an unexpectedly upbeat U.S. payrolls report and

glimmers of hope for an end to the euro zone debt crisis failed to entice investors back

toward riskier assets. Base metals hit multi-week lows on Friday, drawing minimal support

from a turnaround in pummeled stock markets as traders focused on slowing economic

growth and added copper supply as a mine strike ends in Chile. Oil ended up on Friday

after an initial plunge and other commodities trimmed early losses as buyers emerged in

markets cheapened by a two-day rout after positive euro zone news eased global

economic worries.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Mon Aug 8

5:20am JPY Bank Lending y/y -0.6%

5:20am JPY Current Account 0.96T 0.39T

10:30am JPY Economy Watchers Sentiment 50.3 49.6

2:00pm EUR Sentix Investor Confidence 3.6 5.3

TECHNICAL

GOLD(OCT)

COPPER(AUG)

NATURALGAS(AUG

ZINC(AUG)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 25150

• R1 - 24780Resistance

• S1 - 24380

• S2 - 24030support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 417

• R1 - 405Resistance

• S1 - 393

• S2 - 382support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 193

•R1 - 184Resistance

•S1 -172

•S2 -164support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 102.5

•R1 - 98.7Resistance

•S1 - 93.8

•S2 - 90.5support

[email protected]

Phone

ECHNICAL VIEW

SILVER(SEP

) CRUDE(AUG

AUG) LEAD(AUG

NICKEL(

Consolidate

Buy on dips

25150

24780

24380

24030

• 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

• 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


[email protected]

Phone- (0731)4295950

SEP)

AUG)

AUG)

AUG)

Consolidate

Buy on dips

R2 - 61500

R1 - 59300

- 57450

- 56200

Consolidate

Sell on high

- 4015

- 3930

3780

3710

Consolidate

Sell on high

R2 - 110.5

R1 - 106.8

- 102.3

- 98.5

Consolidate

Sell on high

- 1053

- 1015

967

915

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 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

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

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 t

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

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 s

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 f

taken.

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 110.5

•R1 - 107.8Resistance

•S1 - 103.8

•S2 - 100.5support

[email protected]

Phone

AUG)


accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them


analysis and up on sources that we consider reliable.

on and based upon it & takes no responsibility


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

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

n 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.


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


[email protected]

Phone- (0731)4295950


the product/s that suits them



recommends that investors independently

evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money

on the information given in this

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

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

n be held responsible for . Any surfing and reading of the information 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

ell any financial instrument. Our Clients (Paid Or


ound so then Serious Legal Actions can be

Daily Commodity Report

Documents

Transcript of Daily Commodity Report