Daily Commodity Report

Daily Newsletter19/08/2011

Daily Newsletter-Commodity

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MARKET WRAP

Gold rises to record amid fears on recession

Oil fell $3 on Thursday as a raft of weak U.S. economic data

U.S. crude down 13 percent in August

Copper falls to one-week low

Aluminium hitting its lowest level since late December

Claims for unemployment benefits rose more than expected last week

Gold rallied 2 percent to new high above $1,820 an ounce on Thursday, after U.S.

economic data pointed to a stalled economy, while renewed concern about the health of

European banks brought safe-haven buying. Oil fell $3 on Thursday as a raft of weak

U.S. economic data provided a fresh blow to shaky investor confidence and extended

U.S. oil's losses to 13 percent so far in August. Copper fell on Thursday as disappointing

U.S. macroeconomic data reinforced worries about an economic slowdown and prospects

for growth and demand, with a stronger dollar also undermining sentiment.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Fri Aug 19

10:00am JPY All Industries Activity m/m 2.3% 2.0%

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

2:00pm GBP Public Sector Net Borrowing 0.4B 12.0B

6:00pm USD FOMC Member Dudley Speaks

TECHNICAL

GOLD(OCT)

COPPER(AUG)

NATURALGAS(AUG

ZINC(AUG)

• Bullish

• Buy on dips

Trend

Strategy• R2 - 27600

• R1 - 27280Resistance

• S1 - 26880

• S2 - 26530support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 417

• R1 - 408Resistance

• S1 - 397

• 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

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ECHNICAL VIEW

SILVER(SEP

) CRUDE(SEP

AUG) LEAD(AUG

NICKEL(

Buy on dips

27600

27280

26880

26530

• 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


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Phone- (0731)4295950

SEP)

SEP)

AUG)

AUG)

Consolidate

Buy on dips

R2 - 63500

R1 - 62300

- 60250

- 59200

Consolidate

Buy on dips

- 4035

- 3920

3750

3680

Consolidate

Sell on high

R2 - 112.5

R1 - 108.3

- 105.3

- 102.5

Consolidate

Sell on high

- 1033

- 997

938

905

ALUMINIUM(AUG

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

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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

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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

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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 - 107.6Resistance

•S1 - 105.8

•S2 - 102.5support

[email protected]

Phone

AUG)


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


rces that we consider reliable.

This material is for personal information 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


liability) for errors of fact or opinion. Users have the right to choose 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

shall not be responsible for any transaction conducted based 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

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