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Daily Newsletter08/03/2011

Daily Newsletter-Commodity

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MARKET WRAP

Gold retreated from record highs on Monday

Silver gained 1.5 percent, having earlier touching a 31-year high

Greece downgrade puts euro zone debt back in focus

Zinc stocks highest since Nov 2004

Copper falls as Libya violence escalates

Nickel falls sharply almost 6%

Gold retreated from record highs on Monday as investors took profits after U.S. crude

oil prices sharply pulled back on speculation that Libyan leader Muammar Gaddafi was

seeking a deal to secure a safe exit from the country. Copper fell on Monday as

escalating violence in Libya eroded investors' appetite for assets perceived as risky and

oil remained strong, but a weaker U.S. dollar prevented deeper losses. Copper stocks

continued to build, rising 1,850 tonnes to 427,150 tonnes.

ECONOMIC CALENDAR

Date Date Currency Economic Data Forecast Previous

Tue Mar 8

1:30am USD Consumer Credit m/m 3.7B 6.1B

1:15pm EUR French Trade Balance -4.9B -5.1B

Tentative EUR French Gov Budget Balance -148.8B

3:30pm EUR Buba President Weber Speaks

4:30pm EUR German Factory Orders m/m 2.6% -3.4%

8:30pm USD IBD/TIPP Economic Optimism 51.8 50.9

TECHNICAL

GOLD(APR)

COPPER(APR)

NATURALGAS(MAR)

ZINC(MAR)

• Bullish

• Buy on dips

Trend

Strategy• R2 -21480

• R1 -21250Resistance

• S1 -20930

• S2 -20750support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 453

• R1 - 441Resistance

• S1 - 421

• S2 - 410support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 188

•R1 - 179Resistance

•S1 - 169

•S2 - 161support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 113.3

•R1 - 110.3Resistance

•S1 - 106.7

•S2 - 103.5support

ECHNICAL VIEW

SILVER(MAY

CRUDE(MAR

) LEAD(MAR

NICKEL(MAR

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 55800


• S1 - 53150

• S2 - 51700support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4910


• S1 - 4690

• S2 - 4610support

• Consolidate

• Sell on high

Trend

Strategy• R2 - 120.8

• R1 - 118.6Resistance

• S1 - 115.3


• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1314

•R1 - 1273Resistance

•S1 - 1225

•S2 - 1191support


[email protected]

Phone- (0731)4295950

MAY)

CRUDE(MAR)

LEAD(MAR)

NICKEL(MAR)

Buy on dips

55800

54750

53150

51700

Consolidate

Buy on dips

4910

4820

4690

4610

Consolidate

Sell on high

120.8

118.6

115.3

112.2

Consolidate

Sell on high

1314

1273

1225

1191

ALUMINIUM(MAR)

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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

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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

• Sell on high

Trend

Strategy

•R2 - 118.3

•R1 - 116.5Resistance

•S1 - 114.7


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

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



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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