MCX Tips by

Daily Newsletter12/04/2011

Daily Newsletter-Commodity

www.capitalheight.com



[email protected]

Phone- (0731)4295950

MARKET WRAP

Copper reached five-week highs on Monday

Gold hits record as dollar dips

Oil stays near multi-year highs

Dollar eased against a basket of currencies

Silver touches to 31-year high

Copper reached five-week highs on Monday as a weaker dollar and robust imports by

top consumer China boosted investor appetite for the metal, but then turned lower after

news of another strong earthquake in Japan. Gold rose to a record on Monday as

expectations the Federal Reserve will lag other central banks in tightening monetary

policy hit the dollar, though it later eased along with oil on signs of a possible Libyan

peace deal.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Tue Apr 12

11:30am EUR German Final CPI m/m 0.5% 0.5%

2:30pm EUR German ZEW Economic Sentiment

11.7 14.1

2:30pm EUR ZEW Economic Sentiment 29.8 31.0

3:45pm USD FOMC Member Dudley Speaks

6:00pm USD Trade Balance -44.1B -46.3B

6:00pm USD Import Prices m/m 2.1% 1.4%

7:30pm USD IBD/TIPP Economic Optimism 45.7 43.0

11:30pm USD Federal Budget Balance -157.5B -222.5B

TECHNICAL

GOLD(JUNE)

COPPER(APR)

NATURALGAS(APR)

ZINC(APR)

• Bullish

• Buy on dips

Trend

Strategy• R2 -21880

• R1 -21550Resistance

• S1 -21230

• S2 -20950support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 453

• R1 - 445Resistance

• S1 - 436

• S2 - 427support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 197

•R1 - 189Resistance

•S1 - 177

•S2 - 169support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 116.7

•R1 - 114.5Resistance

•S1 - 110.8

•S2 - 107.5support

ECHNICAL VIEW

SILVER(MAY

CRUDE(APR)

LEAD(APR)

NICKEL(APR

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 62250


• S1 - 59650

• S2 - 58200support

• Bullish

• Buy on dips

Trend

Strategy• R2 - 5110


• S1 - 4910

• S2 - 4830support

• Bullish

• Buy on dips

Trend

Strategy• R2 - 136.5

• R1 - 132.3Resistance

• S1 - 127.5


• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 1278

•R1 - 1245Resistance

•S1 - 1207

•S2 - 1173support


[email protected]

Phone- (0731)4295950

MAY)

)

)

R)

Buy on dips

62250

61450

59650

58200

Buy on dips

5110

5020

4910

4830

Buy on dips

136.5

132.3

127.5

124.3

Consolidate

Buy on dips

1278

1245

1207

1173

ALUMINIUM(APR)

Disclaimer

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 suits

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 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

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

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 thereof.

whatsoever for any financial profits or loss which may arise from the reco

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 Inf

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

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 122.5

•R1 - 120.6Resistance

•S1 - 117.6



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


n 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

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

ransaction 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,

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


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


tment 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


(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

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

ransaction 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


l 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

ormation Provided by us to/with anyone

MCX Tips by

Documents

Transcript of MCX Tips by