Daily Mcx Commodity Market Trading Report By Money CapitalHeight

Daily Newsletter-Commodity 09/09/2014

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MARKET WRAP

Gold futures for December delivery fell 1 percent

Silver futures for December delivery dropped 1 percent

Crude rose for the first time in four days

Copper for delivery in three months climbed 0.2 percent

Gold and silver futures fell as the dollar’s rally to a 13-month high damped demand

for the precious metal as an alternative investment. West Texas Intermediate crude

rose for the first time in four days before stockpile data that will signal the strength of

fuel demand in the U.S., the world’s biggest oil consumer. Nickel climbed to a nine-

week high amid concern that ore shipments from the Philippines will drop. Copper for

delivery in three months climbed 0.2 percent to $6,990 a ton ($3.17 a pound) on the

LME. Aluminum also increased, while zinc, lead and tin fell.

ECONOMIC CALENDAR Date Time Currency Economic Data Forecast Previous

Tue Sep 9

12:30am USD Consumer Credit m/m 17.4B 18.8B

12:15pm EUR French Gov Budget Balance -59.4B

EUR French Trade Balance -5.0B -5.4B

5:00pm USD NFIB Small Business Index 95.9 95.7

7:30pm USD JOLTS Job Openings 4.72M 4.67M

USD FOMC Member Tarullo Speaks


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TECHNICAL VIEW

GOLD(OCT) SILVER(DEC)

COPPER(NOV) CRUDE(SEP)

NATURALGAS(SEP) LEAD(SEP)

ZINC(SEP) NICKEL(SEP)

• Consolidate

• Sell on high

Trend

Strategy • R2 - 27750

• R1 - 27480 Resistance

• S1 - 26950

• S2 - 26680 support

• Consolidate

• Sell on high

Trend



• S1 - 41250


• Consolidate

• Buy on dips

Trend



• S1 - 421


• Consolidate

• Sell on high

Trend



• S1 - 5530


• Consolidate

• Sell on high

Trend

Strategy •R2 - 245

•R1 - 238 Resistance

•S1 - 224

•S2 - 217 support

• Consolidate

• Buy on dips

Trend

Strategy • R2 - 136.5

• R1 - 134.7 Resistance

• S1 - 130.4

•S2 - 128.5 support

• Consolidate

• Buy on dips

Trend

Strategy •R2 - 149.5

•R1 - 146.9 Resistance

•S1 - 142.2


• Consolidate

• Buy on dips

Trend

Strategy •R2 - 1245

•R1 - 1217 Resistance

•S1 - 1183

•S2 - 1165 support


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Phone- (0731)6615050-6620150

ALUMINIUM(SEP)

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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. 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. Money 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 future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to Money CapitalHeight 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 the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.

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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 thereof. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight Research Pvt. Ltd. does not purport to be an invitation or an offer to buy or sell any financial instrument. 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 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 - 130.5

•R1 - 127.3 Resistance

•S1 - 124.3


Daily Mcx Commodity Market Trading Report By Money CapitalHeight

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