Daily Commodity Tips – 11 March

Daily Newsletter11/03/2011

Daily Newsletter-Commodity

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MARKET WRAP

Gold falls 1.5 pct as oil, equity markets tumble

Copper falls on demand concerns

U.S. jobless claims rise 26,000 last week

U.S. dollar index up versus Euro

Base metals tumbles on Thursday

Oil falls and made new low of 100.5$

Gold lost 1.5 percent on Thursday, set to post its biggest one-day loss in about six

weeks, as investors sold bullion to cover hefty losses in equity and other commodity

markets. Copper fell on Thursday after weak Chinese import data cast doubt on

demand from the world's top consumer of the metal and data showed jobless claims in

the United States rose more than expected.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Fri Mar 11

12:30am USD Federal Budget Balance -232.1B -49.8B

7:00pm USD Core Retail Sales m/m 0.7% 0.3%

7:00pm USD Retail Sales m/m 0.8% 0.3%

7:00pm USD FOMC Member Dudley Speaks

8:25pm USD Prelim UoM Consumer Sentiment

77.0 77.5

8:25pm USD Prelim UoM Inflation Expectations

3.4%

8:30pm USD Business Inventories m/m 0.6% 0.8%

TECHNICAL

GOLD(APR)

COPPER(APR)

NATURALGAS(MAR)

ZINC(MAR)

• Consolidate

• Buy on dips

Trend

Strategy• R2 -21180

• R1 -20970Resistance

• S1 -20730

• S2 -20550support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 435

• R1 - 427Resistance

• S1 - 415

• S2 - 407support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 191

•R1 - 183Resistance

•S1 - 171

•S2 - 163support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 107.5

•R1 - 104.9Resistance

•S1 - 101.2

•S2 - 98.3support

ECHNICAL VIEW

SILVER(MAY

CRUDE(MAR

) LEAD(MAR

NICKEL(MAR

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 54650


• S1 - 52150

• S2 - 51200support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4750


• S1 - 4560

• S2 - 4490support

• Consolidate

• Sell on high

Trend

Strategy• R2 - 117.5

• R1 - 113.7Resistance

• S1 - 110.2

•S2 - 108.3support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1255

•R1 - 1217Resistance

•S1 - 1165

•S2 - 1135support


[email protected]

Phone- (0731)4295950

MAY)

CRUDE(MAR)

LEAD(MAR)

NICKEL(MAR)

Consolidate

Buy on dips

54650

53550

52150

51200

Consolidate

Buy on dips

4750

4660

4560

4490

Consolidate

Sell on high

117.5

113.7

110.2

108.3

Consolidate

Sell on high

1255

1217

1165

1135

ALUMINIUM(MAR)

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 sui

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

The information given herein should be treated as only factor, while making investment decision. The report does not

provide individually tailor-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 shal

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 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 own

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

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

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

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 118.7

•R1 - 116.5Resistance

•S1 - 114.2

•S2 - 111.5support

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


analysis and up on sources that we consider reliable.

This material is for personal information and based upon it & takes no responsibility


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 shal

not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule

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 Ca


his free will and does not read any views expressed as a recommendation for which either the site or its own


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. Capitalheight

purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or


which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.


[email protected]

Phone- (0731)4295950

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



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 rules

price projections shown are not necessarily indicative of future price performance. The information herein,

Capitalheight might be


his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone


we are not responsible for any loss incurred

Capitalheight does not

Our Clients (Paid Or Unpaid), Any third party or


Daily Commodity Tips – 11 March

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