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Daily Newsletter10/11/2010

Daily Newsletter-Commodity

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MARKET WRAP

Gold hits new record as euro zone fears resurface

Silver hits record high of 28.90$

Copper hit its highest price in more than two years

Oil scales new two-year high

Lead trading near 3 weeks high

Gold hit record highs for a fourth day in a row on Tuesday, as fresh concern over the

debt burdens of several euro zone member countries prompted safe-haven buying.

Silver touched $28.90 an ounce, the highest since March 1980. Copper hit its highest

price in more than two years on Tuesday, within touching distance of an all-time high,

as supply concerns coupled with improving fourth-quarter demand underpinned

industrial metals. Oil resumed gains to hit a fresh two-year high above $87 on Tuesday,

erasing earlier losses.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Wed Nov 10

7:00pm USD Trade Balance -45.0B -46.3B

7:00pm USD Unemployment Claims 451K 457K

7:00pm USD Import Prices m/m 1.1% -0.3%

9:00pm USD Crude Oil Inventories 1.1M 2.0M

10:30pm USD Natural Gas Storage 24B 67B

TECHNICAL

GOLD(DEC)

COPPER(NOV)

NATURALGAS(NOV)

ZINC(NOV)

• Bullish

• Buy on dips

Trend

Strategy• R2 -20750

• R1 -20530Resistance

• S1 -20330

• S2 -20080support

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 405

• R1 - 397Resistance

• S1 - 388

• S2 - 381support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 195

•R1 - 188Resistance

•S1 - 177

•S2 - 169support

• Bullish

• Buy on dips

Trend

Strategy

•R2 - 118.5

•R1 - 115.3Resistance

•S1 - 113.2

•S2 - 110.4support

ECHNICAL VIEW

SILVER(DEC

CRUDE(NOV

) LEAD(NOV

NICKEL(NOV

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 43190


• S1 - 41350

• S2 - 40550support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 3970


• S1 - 3810

• S2 - 3730support

• Bullish

• Buy on dips

Trend

Strategy• R2 - 121.3

• R1 - 117.5Resistance

• S1 - 114.8


• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 1125

•R1 - 1198Resistance

•S1 - 1065

•S2 - 1033support


[email protected]

Phone- (0731)4295950

DEC)

CRUDE(NOV)

)

NICKEL(NOV)

Buy on dips

43190

42250

41350

40550

Consolidate

Buy on dips

3970

3890

3810

3730

Buy on dips

121.3

117.5

114.8

111.5

Consolidate

Buy on dips

1125

1198

1065

1033

ALUMINIUM(NOV)

Disclaimer

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

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 contain

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 decis

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. Capitalhe

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 pe

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 throu

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

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

purport to be an invitation or an offer to buy or sell any financial instrument.

anyone else have no rights to forward or shar

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 - 112.7

•R1 - 109.8Resistance

•S1 - 107.7


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

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 contain

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

made investment advice. Capitalheight recommends that investors independently evaluate

particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalhe

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 Capitalheight

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.

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

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.


[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

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

ion. 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 rules

rformance. The information herein,

Capitalheight might be

gh 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

disclaimer.

we are not responsible for any loss incurred

Capitalheight does not

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

e our calls or SMS or Report or Any Information Provided by us to/with anyone

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