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Daily Newsletter11/05/2011

Daily Newsletter-Commodity

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MARKET WRAP

Oil rose on Tuesday trading near 103$

Gold steadies as dollar recovers

SPDR Gold Trust holdings decline to one-year low

The euro fell against the dollar

China copper imports fall 13.7 pct in April

Copper climbed on Tuesday

Oil rose on Tuesday, supported by concerns U.S. flooding could hit refinery operations,

squeezing gasoline supplies ahead of summer driving season. Gold prices were little

changed above $1,510 an ounce on Tuesday, retreating from earlier highs after the

euro edged lower amid conflicting reports on a potential new aid deal for Greece.

Copper climbed on Tuesday, as robust China trade figures burnished demand

expectations for the metal used in power and construction offsetting news that headline

imports in April fell.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Wed May 11

11:30am EUR German Final CPI m/m 0.2% 0.2%

11:30am EUR German WPI m/m 1.1% 1.3%

6:00pm USD Trade Balance -46.8B -45.8B

8:00pm USD Crude Oil Inventories 1.1M 3.4M

10:30pm USD FOMC Member Kocherlakota Speaks

11:30pm USD Federal Budget Balance -188.2B

TECHNICAL

GOLD(JUNE)

COPPER(JUNE)

NATURALGAS(MAY)

ZINC(MAY)

• Consolidate

• Buy on dips

Trend

Strategy• R2 -22550

• R1 -22280Resistance

• S1 -21980

• S2 -21650support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 416

• R1 - 407Resistance

• S1 - 393

• S2 - 384support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 206

•R1 - 197Resistance

•S1 - 183

•S2 - 175support

• Bearish

• Sell on high

Trend

Strategy

•R2 - 99.5

•R1 - 97.9Resistance

•S1 - 94.5

•S2 - 91.8support

ECHNICAL VIEW

SILVER(JULY

CRUDE(MAY

) LEAD(MAY

NICKEL(MAY

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 61500


• S1 - 57350

• S2 - 55500support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4750


• S1 - 4565

• S2 - 4480support

• Bearish

• Sell on high

Trend

Strategy• R2 - 109.5

• R1 - 106.3Resistance

• S1 - 103.8

•S2 - 99.5support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1164

•R1 - 1125Resistance

•S1 - 1093

•S2 - 1058support


[email protected]

Phone- (0731)4295950

JULY)

MAY)

MAY)

MAY)

Consolidate

Buy on dips

61500

59850

57350

55500

Consolidate

Buy on dips

4750

4665

4565

4480

Sell on high

109.5

106.3

103.8

99.5

Consolidate

Sell on high

1164

1125

1093

1058

ALUMINIUM(MAY)

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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

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

not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules

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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

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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 recommend

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 Informat

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

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 121.5

•R1 - 119.4Resistance

•S1 - 117.2

•S2 - 114.5support


liability) for errors of fact or opinion. Users have the right to choose the product/s that suits


rces 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

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

ction 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,

with all estimates and forecasts, can change without notice. Analyst or any person related to Capitalheight


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


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


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

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

ction 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


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


we are not responsible for any loss incurred

Capitalheight does not

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

ion Provided by us to/with anyone

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