Daily Newsletter - Commodity Market Update 20-01-2014

4
Daily Newsletter-Commodity 20/01/2014 www.capitalheight.com

Transcript of Daily Newsletter - Commodity Market Update 20-01-2014

Page 1: Daily Newsletter - Commodity Market Update 20-01-2014

Daily Newsletter-Commodity 20/01/2014

www.capitalheight.com

Page 2: Daily Newsletter - Commodity Market Update 20-01-2014

www.capitalheight.com

[email protected]

Phone- (0731)6615050-6620150

MARKET WRAP

Gold futures rose the most in a week

Copper for delivery in three months gained 0.4 percent

Aluminum, lead and zinc rose in London.

Silver futures for March delivery rose 1.3 percent

Crude slid from the highest closing price in two weeks

Gold futures rose the most in a week after the president of the Federal Reserve Bank

of Minneapolis said policy makers “need to do more” to stimulate the economy. Silver

futures for March delivery rose 1.3 percent to $20.31 an ounce. West Texas

Intermediate crude slid from the highest closing price in two weeks before data

forecast to show that industrial output stalled last month in China, the world’s second-

biggest oil consumer. Futures lost as much as 0.8 percent in New York. Copper rose

in London, capping the first weekly gain since December, amid speculation that

demand for the metal will strengthen as economies accelerate. Stockpiles monitored

by the LME fell 0.3 percent to 335,775 tons, the lowest in a year.

ECONOMIC CALENDAR Date Time Currency Economic Data Forecast Previous

Mon Jan 20

12:30pm EUR German PPI m/m 0.2% -0.1%

4:30pm EUR German Buba Monthly Report

All Day USD Bank Holiday

Page 3: Daily Newsletter - Commodity Market Update 20-01-2014

www.capitalheight.com

[email protected]

Phone- (0731)6615050-6620150

TECHNICAL VIEW

GOLD(FEB) SILVER(MAR)

COPPER(FEB) CRUDE(JAN)

NATURALGAS(JAN) LEAD(JAN)

ZINC(JAN) NICKEL(JAN)

• Consolidate

• Buy on dips

Trend

Strategy • R2 - 29750

• R1 - 29370 Resistance

• S1 - 28750

• S2 - 28480 support

• Consolidate

• Sell on high

Trend

Strategy • R2 - 46700

• R1 - 45850 Resistance

• S1 - 44150

• S2 - 43180 support

• Consolidate

• Sell on high

Trend

Strategy • R2 - 471

• R1 - 463 Resistance

• S1 - 451

• S2 - 443 support

• Consolidate

• Buy on dips

Trend

Strategy • R2 - 5950

• R1 - 5880 Resistance

• S1 - 5750

• S2 - 5670 support

• Consolidate

• Buy on dips

Trend

Strategy •R2 - 281

•R1 - 273 Resistance

•S1 - 261

•S2 - 253 support

• Consolidate

• Buy on dips

Trend

Strategy • R2 - 139.7

• R1 - 136.8 Resistance

• S1 - 132.8

•S2 - 129.8 support

• Consolidate

• Buy on dips

Trend

Strategy •R2 - 131.5

•R1 - 129.8 Resistance

•S1 - 125.5

•S2 - 122.3 support

• Consolidate

• Sell on high

Trend

Strategy •R2 - 948

•R1 - 915 Resistance

•S1 - 873

•S2 - 845 support

Page 4: Daily Newsletter - Commodity Market Update 20-01-2014

www.capitalheight.com

[email protected]

Phone- (0731)6615050-6620150

ALUMINIUM(JAN)

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. 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.

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. 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 - 113.8

•R1 - 111.5 Resistance

•S1 - 108.5

•S2 - 106.8 support