Daily Commodity Report by CapitalHeight.com– 25 March
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Transcript of Daily Commodity Report by CapitalHeight.com– 25 March
Daily Newsletter25/03/2011
Daily Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Copper prices ended lower on Thursday
U.S. Feb durable goods orders, jobless claims fall
Gold retreats after record high
Silver has gained more than 40 percent since late January
Crude oil trading near 105$
Gold hit record highs on Thursday as the resignation of Portugal's prime minister ahead
of a summit of EU leaders on the European economy this week revived jitters over the
euro zone sovereign debt crisis. Copper prices turned lower on Thursday, falling from
almost three-week highs after new orders for U.S. manufactured goods fell
unexpectedly last month, hinting at slowing activity in the world's largest economy.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Fri Mar 25
5:00am USD FOMC Member Duke Speaks
2:30pm USD FOMC Member Kocherlakota Speaks
5:00pm USD FOMC Member Fisher Speaks
6:00pm USD Final GDP q/q 3.0% 2.8%
6:00pm USD Final GDP Price Index q/q 0.4% 0.4%
7:25pm USD Revised UoM Consumer Sentiment
68.1 68.2
7:25pm USD Revised UoM Inflation Expectations
4.6%
9:45pm USD FOMC Member Plosser Speaks
TECHNICAL
GOLD(APR)
COPPER(APR)
NATURALGAS(MAR)
ZINC(MAR)
• Consolidate
• Buy on dips
Trend
Strategy• R2 -21280
• R1 -20980Resistance
• S1 -20730
• S2 -20450support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 452
• R1 - 443Resistance
• S1 - 433
• S2 - 425support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 207
•R1 - 197Resistance
•S1 - 185
•S2 - 177support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 111.5
•R1 - 108.7Resistance
•S1 - 105.3
•S2 - 102.5support
ECHNICAL VIEW
SILVER(MAY
CRUDE(APR)
) LEAD(MAR
NICKEL(MAR
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 57550
• R1 - 56250Resistance
• S1 - 54850
• S2 - 53900support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 4895
• R1 - 4790Resistance
• S1 - 4670
• S2 - 4590support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 126.5
• R1 - 123.2Resistance
• S1 - 119.7
•S2 - 115.5support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 1255
•R1 - 1227Resistance
•S1 - 1187
•S2 - 1143support
www.capitalheight.com
Phone- (0731)4295950
MAY)
)
LEAD(MAR)
NICKEL(MAR)
Consolidate
Buy on dips
57550
56250
54850
53900
Consolidate
Buy on dips
4895
4790
4670
4590
Consolidate
Buy on dips
126.5
123.2
119.7
115.5
Consolidate
Buy on dips
1255
1227
1187
1143
ALUMINIUM(MAR)
Disclaimer
The information and views in this report, our website & all
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 r
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
provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors
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 recommende
his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyon
can be held responsible for . Any surfing and
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.
purport to be an invitation or an offer to buy or sell any financial instrument.
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.
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 121.5
•R1 - 118.2Resistance
•S1 - 115.2
•S2 - 113.3support
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
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 shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule
own 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 Capitalheight
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 anyon
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
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 p
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
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
ight investment perspective. The information contained herein is based on
treated as only factor, while making investment decision. The report does not
made investment advice. Capitalheight recommends that investors independently evaluate
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
own are not necessarily indicative of future price performance. The information herein,
Capitalheight might be
d. 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
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