Daily Commodity Report

Daily Newsletter13/07/2011

Daily Newsletter-Commodity

www.capitalheight.com



[email protected]

Phone- (0731)4295950

MARKET WRAP

Gold prices have soared to record highs

Copper falls as dollar rises

Dollar at highest in three months

Inventories of aluminium continue to fall

Brent prices slipped in volatile trading on Tuesday

Gold prices have soared to record highs this year on concerns over the euro zone debt

crisis, and the metal could be set for another leg higher if the world's biggest economy,

the United States, also starts to struggle with its debt repayments. Copper fell on Tuesday

on a deepening debt crisis in the euro zone that has prompted investors to off-load assets

perceived as risky, including the euro currency, but strikes in top producer countries

helped limit further losses. U.S. crude remained more than 1 percent higher, having

bounced on technical support and as the dollar gave up early strength.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Wed Jul 13

11:30am EUR German WPI m/m -0.1% 0.0%

2:30pm EUR Industrial Production m/m 0.5% 0.2%

6:00pm USD Import Prices m/m -0.7% 0.2%

7:30pm USD Fed Chairman Bernanke Testifies

8:00pm USD Crude Oil Inventories -0.9M

11:30pm USD Federal Budget Balance -57.6B

TECHNICAL

GOLD(AUG)

COPPER(AUG)

NATURALGAS(JULY

ZINC(JULY)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 22950

• R1 - 22740Resistance

• S1 - 22380

• S2 - 22070support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 447

• R1 - 436Resistance

• S1 - 427

• S2 - 419support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 205

•R1 - 198Resistance

•S1 - 185

•S2 - 177support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 107.5

•R1 - 104.9Resistance

•S1 - 102.2

•S2 - 98.7support

[email protected]

Phone

ECHNICAL VIEW

SILVER(SEP

) CRUDE(JULY

JULY) LEAD(JULY

NICKEL(

Consolidate

Buy on dips

22950

22740

22380

22070

• Consolidate

• Buy on dips

Trend

Strategy

• R2

• R1 Resistance

• S1 -

• S2 -support

Consolidate

Buy on dips• Consolidate

• Sell on high

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

107.5

104.9

• Consolidate

• Sell on high

Trend

Strategy

•R2 -

•R1 -Resistance

•S1 -

•S2 -support


[email protected]

Phone- (0731)4295950

SEP)

JULY)

JULY)

JULY)

Consolidate

Buy on dips

R2 - 55500

R1 - 54250

- 52870

- 51500

Consolidate

Sell on high

- 4440

- 4360

4250

4170

Consolidate

Buy on dips

R2 - 125.2

R1 - 122.5

- 119.3

- 116.5

Consolidate

Sell on high

- 1083

- 1058

1019

983

ALUMINIUM(JULY

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 futur

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 understoo

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 inf

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 - 114.8

•R1 - 111.3Resistance

•S1 - 108.8

•S2 - 106.5support

[email protected]

Phone

JULY)


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


sources 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

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.


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


(or 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

e price performance. The information herein,

together with all estimates and forecasts, can change without notice. Analyst or any person related to Money Capitalheight

d 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

ormation 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


en Serious Legal Actions can be

Daily Commodity Report

Documents

Transcript of Daily Commodity Report