MCX Tips by

Daily Newsletter03/06/2011

Daily Newsletter-Commodity

www.capitalheight.com



[email protected]

Phone- (0731)4295950

MARKET WRAP

Gold eased but held in sight of four-week highs on Thursday

Copper falls to week low

Copper inventories hit one-year high

U.S. unemployment claims fell last week

Oil slips from earlier gain

Gold eased but held in sight of four-week highs on Thursday, supported by concern about

the outlook for U.S. growth and the European debt crisis. The dollar has fallen to its

lowest in a month against a basket of currencies. Copper fell to its lowest in a week on

Thursday after U.S. weekly jobless claims fell less than expected, heightening concerns

about the world's biggest economy and outweighing a normally supportive weak dollar.

Crude oil prices slipped in choppy trading on Thursday, reversing earlier gains, due to an

unexpected jump in crude oil inventories in the United States.

ECONOMIC CALENDAR

Date Time Currency Economy Data Forecast Previous

Fri Jun 3

1:30pm EUR Final Services PMI 55.4 55.4

6:00pm USD Non-Farm Employment Change 194K 244K

6:00pm USD Unemployment Rate 9.0% 9.0%

6:00pm USD Average Hourly Earnings m/m 0.2% 0.1%

7:30pm USD ISM Non-Manufacturing PMI 53.7 52.8

10:00pm USD FOMC Member Tarullo Speaks

TECHNICAL

GOLD(AUG)

COPPER(JUNE)

NATURALGAS(JUNE)

ZINC(JUNE)

• Consolidate

• Buy on dips

Trend

Strategy• R2 -22850

• R1 -22640Resistance

• S1 - 22410

• S2 - 22150support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 421

• R1 - 411Resistance

• S1 - 398

• S2 - 391support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 225

•R1 - 219Resistance

•S1 - 207

•S2 - 198support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 103.5

•R1 - 101.3Resistance

•S1 - 98.7

•S2 - 95.5support

[email protected]

Phone

ECHNICAL VIEW

SILVER(JULY

CRUDE(JUNE)

LEAD(JUNE)

NICKEL(JUNE

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 56600


• S1 - 53350


• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4590


• S1 - 4410


• Consolidate

• Sell on high

Trend

Strategy• R2 - 114.5

• R1 - 111.3Resistance

• S1 - 107.5

•S2 - 104.8support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1072

•R1 - 1047Resistance

•S1 - 1014

•S2 - 983support


[email protected]

Phone- (0731)4295950

JULY)

)

JUNE)

Consolidate

Buy on dips

56600

55250

53350

52300

Consolidate

Buy on dips

4590

4515

Consolidate

Sell on high

114.5

111.3

107.5

104.8

Consolidate

Sell on high

ALUMINIUM(JUNE)

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 shall 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 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

• Buy on dips

Trend

Strategy

•R2 - 120.5

•R1 - 118.9Resistance

•S1 - 116.7

•S2 - 113.5support

[email protected]

Phone


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


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


any transaction conducted based on the information given in this report, which is in violation of rules and

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 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

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 them



made investment advice. Capitalheight recommends that investors independently evaluate particular


any transaction conducted based on the information given in this report, which is in violation of rules and

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 can

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

MCX Tips by

Documents

Transcript of MCX Tips by