MCX Tips By

Daily Newsletter17/02/2011

Daily Newsletter-Commodity

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MARKET WRAP

gold up as Israel, Iran add to Mideast tension

Base metals and grains down broadly

Crude oil prices ended higher on Wednesday

Crude oil prices ended higher on Wednesday after spiking to $104 a barrel in London,

and gold edged up as well, as tension between Israel and Iran accentuated the

widening unrest in the oil-rich Middle East. Copper extended losses from Tuesday as

investors continued to worry that prices may have gotten ahead of demand.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Thu Feb 17

12:30am USD FOMC Meeting Minutes

12:30am USD Treasury Sec Geithner Speaks

7:00pm USD Core CPI m/m 0.1% 0.1%

7:00pm USD Unemployment Claims 401K 383K

7:00pm USD CPI m/m 0.3% 0.5%

8:30pm USD Fed Chairman Bernanke Testifies

8:30pm USD Philly Fed Manufacturing Index 20.8 19.3

8:30pm USD Mortgage Delinquencies 9.13%

8:30pm USD CB Leading Index m/m 0.3% 1.0%

9:00pm USD Natural Gas Storage -233B -209B

10:50pm USD FOMC Member Evans Speaks

11:40pm USD FOMC Member Fisher Speaks

TECHNICAL

GOLD(APR)

COPPER(FEB)

NATURALGAS(FEB)

ZINC(FEB)

• Consolidate

• Buy on dips

Trend

Strategy• R2 -20750

• R1 -20590Resistance

• S1 -20380

• S2 -20150support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 463

• R1 - 455Resistance

• S1 - 447

• S2 - 439support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 195

•R1 - 187Resistance

•S1 - 174

•S2 - 167support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 118.5

•R1 - 115.4Resistance

•S1 - 112.2

•S2 - 109.8support

ECHNICAL VIEW

SILVER(MAR

CRUDE(FEB)

LEAD(FEB)

NICKEL(FEB

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 47350


• S1 - 45600

• S2 - 44850support

• Consolidate

• Sell on high

Trend

Strategy• R2 - 3990


• S1 - 3790

• S2 - 3710support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 124.5

• R1 - 121.6Resistance

• S1 - 118.2


• Bullish

• Buy on dips

Trend

Strategy

•R2 - 1355

•R1 - 1327Resistance

•S1 - 1293

•S2 - 1265support


[email protected]

Phone- (0731)4295950

MAR)

)

NICKEL(FEB)

Consolidate

Buy on dips

47350

46550

45600

44850

Consolidate

Sell on high

3990

3910

3790

3710

Consolidate

Buy on dips

124.5

121.6

118.2

115.5

Buy on dips

1355

1327

1293

1265

ALUMINIUM(FEB)

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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

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 shal

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

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

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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 th

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 A

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 - 117.3

•R1 - 115.2Resistance

•S1 - 112.5



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

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

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


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


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


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

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


ee will and 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

ny Information Provided by us to/with anyone

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