Free Stock Tips | Intraday Tips | MCX Tips | Stock Market Tips

Daily Newsletter23/12/2010

Daily Newsletter-Commodity

www.capitalheight.com



[email protected]

Phone- (0731)4295950

MARKET WRAP

Copper dips but remains in reach of record high

U.S. third-quarter growth revised up to 2.6 pct

Gold firms as dollar retreats after U.S. data

Oil hits 2-year high on U.S. inventories

Copper stayed within reach of record highs on Wednesday as supply concerns

persisted, but investor book-squaring undermined prices of base metals. Gold was

firmer in Europe on Wednesday, building on three straight sessions of gains, as the

dollar extended losses after data showed U.S. growth was slightly stronger than

expected in the third quarter. Oil hit a two-year high on Wednesday, coming close to

$91 per barrel and boosted by a drop in U.S. oil inventories and cold weather on both

sides of the Atlantic.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Thu Dec 23

7:00pm USD Core Durable Goods Orders m/m 1.7% -2.7%

7:00pm USD Unemployment Claims 421K 420K

7:00pm USD Core PCE Price Index m/m 0.1% 0.0%

7:00pm USD Durable Goods Orders m/m -0.5% -3.4%

7:00pm USD Personal Spending m/m 0.5% 0.4%

8:25pm USD Revised UoM Consumer Sentiment

74.7 74.2

8:30pm USD New Home Sales 301K 283K

9:00pm USD Natural Gas Storage -170B -164B

TECHNICAL

GOLD(FEB)

COPPER(FEB)

NATURALGAS(DEC)

ZINC(DEC)

• Consolidate

• Buy on dips

Trend

Strategy• R2 -20890

• R1 -20630Resistance

• S1 -20380

• S2 -20180support

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 439

• R1 - 431Resistance

• S1 - 422

• S2 - 414support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 197

•R1 - 189Resistance

•S1 - 180

•S2 - 172support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 107.5

•R1 - 105.1Resistance

•S1 - 102.8

•S2 - 98.5support

ECHNICAL VIEW

SILVER(MAR

CRUDE(JAN)

LEAD(DEC)

NICKEL(DEC

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 45750


• S1 - 43850

• S2 - 42950support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4210


• S1 - 4060

• S2 - 3970support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 115.3

• R1 - 111.9Resistance

• S1 - 109.3

•S2 - 106.5support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1135

•R1 - 1117Resistance

•S1 - 1077

•S2 - 1045support


[email protected]

Phone- (0731)4295950

MAR)

)

)

NICKEL(DEC)

Consolidate

Buy on dips

45750

45050

43850

42950

Consolidate

Buy on dips

4210

4130

4060

3970

Consolidate

Buy on dips

115.3

111.9

109.3

106.5

Consolidate

Sell on high

1135

1117

1077

1045

ALUMINIUM(DEC)

Disclaimer

The information and views in this report, our

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 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. Capitalheight recommends that investors independently evaluate

particular investments and strategies, and enc

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 owners or anyon

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.

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 - 113.8

•R1 - 111.3Resistance

•S1 - 108.9

•S2 - 106.7support

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

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

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

ce 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 Capitalheight

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

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 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

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

present the right investment perspective. The information contained herein is based on

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

made investment advice. Capitalheight recommends that investors independently evaluate

ourages 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

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

Capitalheight might be

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

Any surfing and reading of the information is the acceptance of this disclaimer.

ble for any loss incurred

Capitalheight does not

aid), Any third party or


Free Stock Tips | Intraday Tips | MCX Tips | Stock Market Tips

Documents

Transcript of Free Stock Tips | Intraday Tips | MCX Tips | Stock Market Tips