Daily Newsletter Commodity

Daily Newsletter28/07/2011

Daily Newsletter-Commodity

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MARKET WRAP

Gold prices rose to record highs above $1,625

The dollar sank to a three-month low against a basket of currencies

U.S. oil futures slid more than 2 percent

Copper slipped on Wednesday

Aluminium hits highest since early June

Inventories of copper in LME-registered warehouses rose by 700 tonnes

Gold prices rose to record highs above $1,625 on Wednesday, with silver and palladium

also rallying, as concerns over the prospect of a U.S. default prompted investors to buy

precious metals as a haven from risk. U.S. oil futures slid more than 2 percent on

Wednesday as a surprise increase in domestic crude inventories added to worries over

weak economic data. Copper slipped on Wednesday after an increase of almost 2

percent in the previous session as a stronger dollar and soft U.S. economic data offset

supply worries due to strikes at the world's largest copper mine.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Thu Jul 28

1:25pm EUR German Unemployment Change -15K -8K

6:00pm USD Unemployment Claims 413K 418K

7:30pm USD Pending Home Sales m/m -1.5% 8.2%

8:00pm USD Natural Gas Storage 38B 60B

TECHNICAL

GOLD(AUG)

COPPER(AUG)

NATURALGAS(AUG

ZINC(JULY)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 23550

• R1 - 23240Resistance

• S1 - 22970

• S2 - 22750support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 452

• R1 - 441Resistance

• S1 - 429

• S2 - 421support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 205

•R1 - 197Resistance

•S1 -187

•S2 -179support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 113.5

•R1 - 110.6Resistance

•S1 - 108.3

•S2 - 106.5support

[email protected]

Phone

ECHNICAL VIEW

SILVER(SEP

) CRUDE(AUG

AUG) LEAD(JULY

NICKEL(

Consolidate

Buy on dips

23550

23240

22970

22750

• Consolidate

• Buy on dips

Trend

Strategy

• R2

• R1 Resistance

• S1 -

• S2 -support

Consolidate

Buy on dips• Consolidate

• Buy on dips

Trend

Strategy• R2 -

• R1 -Resistance

• S1 -

• S2 -support

Consolidate

Sell on high

• Consolidate

• Sell on high

Trend

Strategy• R2

• R1 Resistance

• S1

•S2 support

Consolidate

Buy on dips

113.5

110.6

• Consolidate

• Buy on dips

Trend

Strategy

•R2 -

•R1 -Resistance

•S1 -

•S2 -support


[email protected]

Phone- (0731)4295950

SEP)

AUG)

JULY)

JULY)

Consolidate

Buy on dips

R2 - 62200

R1 - 60350

- 58670

- 57200

Consolidate

Buy on dips

- 4490

- 4410

4310

4235

Consolidate

Sell on high

R2 - 123.8

R1 - 120.5

- 117.3

- 114.5

Consolidate

Buy on dips

- 1115

- 1083

1053

1015

ALUMINIUM(JULY

Disclaimer

The information and views in this report, our website & all the service we provide are believed to be reliable, but

accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui

the most.

Sincere efforts have been made to present the right investment perspective. The information contained h

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.

individually tailor-made investment advice.

evaluate particular investments and strategies, and encourages investors to seek the advice of a financi

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

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 t

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

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 s

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 f

taken.

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 118.5

•R1 - 116.7Resistance

•S1 - 114.2

•S2 - 111.8support

[email protected]

Phone

JULY)

The information and views in this report, our website & all the service we provide are believed to be reliable, but

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 h

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

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 financi

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

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

n 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

Buy on dips


[email protected]

Phone- (0731)4295950

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

Sincere efforts have been made to present the right investment perspective. The information contained herein is based on

The report does not provide

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

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

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

n be held responsible for . Any surfing and reading of the information 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

ell any financial instrument. Our Clients (Paid Or


ound so then Serious Legal Actions can be

Daily Newsletter Commodity

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