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Daily Newsletter17/03/2011

Daily Newsletter-Commodity

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MARKET WRAP

Gold rises as markets stabilize

Dollar fell to a four-month low against the yen

U.S. crude oil stockpiles rose more than forecast

Oil rise helped by renewed Middle East unrest

Copper rebounds but Japan tensions remain

Oil and metals rebounded on Wednesday as investors reaquired some comfort with

risk, plowing back into commodity markets a day after a sharp selloff sparked by

concerns over Japan's nuclear crisis. Gold rose on Wednesday as investors took

advantage of the previous day's 2 percent price drop to buy the metal and as the

extreme risk aversion that prompted a flight to liquidity on Tuesday eased.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Thu Mar 17

6:00pm USD Core CPI m/m 0.1% 0.2%

6:00pm USD Unemployment Claims 388K 397K

6:00pm USD CPI m/m 0.5% 0.4%

6:45pm USD Capacity Utilization Rate 76.6% 76.1%

6:45pm USD Industrial Production m/m 0.7% -0.1%

7:30pm USD Philly Fed Manufacturing Index 29.9 35.9

7:30pm USD CB Leading Index m/m 0.9% 0.1%

8:00pm USD Natural Gas Storage -41B -71B

TECHNICAL

GOLD(APR)

COPPER(APR)

NATURALGAS(MAR)

ZINC(MAR)

• Consolidate

• Buy on dips

Trend

Strategy• R2 -21080

• R1 -20790Resistance

• S1 -20530

• S2 -20350support

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 435

• R1 - 427Resistance

• S1 - 412

• S2 - 405support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 191

•R1 - 183Resistance

•S1 - 172

•S2 - 165support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 108.5

•R1 - 105.3Resistance

•S1 - 102.2

•S2 - 98.3support

ECHNICAL VIEW

SILVER(MAY

CRUDE(MAR

) LEAD(MAR

NICKEL(MAR

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 54650


• S1 - 51750

• S2 - 50600support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4610


• S1 - 4370

• S2 - 4295support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 121.3

• R1 - 118.3Resistance

• S1 - 114.7

•S2 - 110.5support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1188

•R1 - 1157Resistance

•S1 - 1106

•S2 - 1073support


[email protected]

Phone- (0731)4295950

MAY)

CRUDE(MAR)

LEAD(MAR)

NICKEL(MAR)

Consolidate

Buy on dips

54650

53450

51750

50600

Consolidate

Buy on dips

4610

4520

4370

4295

Consolidate

Buy on dips

121.3

118.3

114.7

110.5

Consolidate

Sell on high

1188

1157

1106

1073

ALUMINIUM(MAR)

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 informati

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

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 ad

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

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 i

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 acc

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

• Sell on high

Trend

Strategy

•R2 - 114.7

•R1 - 112.2Resistance

•S1 - 109.7

•S2 - 107.3support

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

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

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

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

ial 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

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

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

on contained herein is based on

investment decision. The report does not

made investment advice. Capitalheight recommends that investors independently evaluate

viser. Capitalheight shall

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

future price performance. The information herein,

Capitalheight might be

s 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

eptance of this disclaimer.

we are not responsible for any loss incurred

Capitalheight does not

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

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

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