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Daily Newsletter03/12/2010

Daily Newsletter-Commodity

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MARKET WRAP

Gold ticks higher, euro zone fears fade

The euro rose on Thursday

Shanghai copper seen higher as LME extends gains

Crude trades near 25-month high

Oil was steady near 25-month highs on early morning trade of Friday after a slew of

upbeat U.S. economic data that boded well for oil consumption by the world's top user,

ahead of a jobs report expected to show employment expanded for a second straight

month in November. Gold ticked higher on Friday after a volatile trade in the previous

session, which saw speculators book profits as the price of the metal failed to breach a

key resistance of $1,400 an ounce on waning Europe. Shanghai copper is expected to

open stronger on Friday as London futures extended gains to a third day in the previous

session to come within striking distance of a record hit last month.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Fri Dec 3

12:30am USD FOMC Member Duke Speaks

7:00pm USD Non-Farm Employment Change 143K 151K

7:00pm USD Unemployment Rate 9.6% 9.6%

7:00pm USD Average Hourly Earnings m/m 0.2% 0.2%

8:30pm USD ISM Non-Manufacturing PMI 54.7 54.3

8:30pm USD Factory Orders m/m -0.7% 2.1%

TECHNICAL

GOLD(FEB)

COPPER(FEB)

NATURALGAS(DEC)

ZINC(DEC)

• Bullish

• Buy on dips

Trend

Strategy• R2 -2090

• R1 -20755Resistance

• S1 -20470

• S2 -20250support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 409

• R1 - 401Resistance

• S1 - 391

• S2 - 383support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 207

•R1 - 198Resistance

•S1 - 189

•S2 - 181support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 105.8

•R1 - 102.5Resistance

•S1 - 99.7

•S2 - 96.8support

ECHNICAL VIEW

SILVER(MAR

CRUDE(DEC)

LEAD(DEC)

NICKEL(DEC

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 44750


• S1 - 42850

• S2 - 41750support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4050


• S1 - 3910

• S2 - 3830support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 110.5

• R1 - 108.1Resistance

• S1 - 105.3

•S2 - 102.5support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1107

•R1 - 1083Resistance

•S1 - 1053

•S2 - 1025support


[email protected]

Phone- (0731)4295950

MAR)

)

)

NICKEL(DEC)

Buy on dips

44750

43850

42850

41750

Consolidate

Buy on dips

4050

3990

3910

3830

Consolidate

Buy on dips

110.5

108.1

105.3

102.5

Consolidate

Sell on high

1107

1083

1053

1025

ALUMINIUM(DEC)

Disclaimer

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

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 responsib

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 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

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

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 instrum

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 Lega

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 109.5

•R1 - 107.2Resistance

•S1 - 104.5

•S2 - 101.7support

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


analysis and up on sources that we consider reliable.

This material is for personal information and based upon it & takes no responsibility


made investment advice. Capitalheight recommends that investors independently evaluate

ments 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

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


his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyon

n 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


which is received directly or indirectly by them. If found so then Serious Legal Actions can be taken.


[email protected]

Phone- (0731)4295950

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



made investment advice. Capitalheight recommends that investors independently evaluate

ments 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

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

Capitalheight might be


his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone

n be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.

we are not responsible for any loss incurred

Capitalheight does not

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


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