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Daily Newsletter21/06/2011

Daily Newsletter-Commodity

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MARKET WRAP

Copper falls on demand concerns

Euro zone ministers press Greece on bailout

Nickel hits lowest since November last year

Nickel inventories in LME-monitored warehouses fell by 516 tonnes

Lead inventories in LME-monitored warehouses fell by 125 tonnes

Gold gained on Monday as the euro strengthened

Oil prices fell on Monday, extending last week's losses

Oil prices fell on Monday, extending last week's losses, as risk aversion increased after

euro zone finance ministers postponed a final decision on emergency loans to Greece.

Gold gained on Monday as the euro strengthened and the precious metal remained

supported by euro zone debt woes. Copper fell on Monday as investors lost their appetite

for risk on concerns over metals demand and after European finance ministers postponed

an emergency loan to help Greece avoid defaulting.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Tue Jun 21

10:00am JPY All Industries Activity m/m 1.9% -6.3%

2:30pm EUR German ZEW Economic Sentiment

-1.7 3.1

2:30pm EUR ZEW Economic Sentiment 9.4 13.6

7:30pm USD Existing Home Sales 4.82M 5.05M

TECHNICAL

GOLD(AUG)

COPPER(JUNE)

NATURALGAS(JUNE)

ZINC(JUNE)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 22980

• R1 - 22770Resistance

• S1 - 22530

• S2 - 22350support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 418


• S1 - 399

• S2 - 391support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 209

•R1 - 201Resistance

•S1 - 191

•S2 - 183support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 102.8

•R1 - 99.5Resistance

•S1 - 96.5

•S2 - 93.8support

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ECHNICAL VIEW

SILVER(JULY

CRUDE(JULY)

LEAD(JUNE)

NICKEL(JUNE

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 56200


• S1 - 53250


• Consolidate

• Sell on high

Trend

Strategy• R2 - 4370


• S1 - 4130


• Consolidate

• Sell on high

Trend

Strategy• R2 - 114.5

• R1 - 111.3Resistance

• S1 - 108.8

•S2 - 105.5support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1035

•R1 - 993Resistance

•S1 - 953

•S2 - 915support


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Phone- (0731)4295950

JULY)

JUNE)

Consolidate

Buy on dips

56200

54850

53250

51780

Consolidate

Sell on high

4370

4290

Consolidate

Sell on high

114.5

111.3

108.8

105.5

Consolidate

Sell on high

ALUMINIUM(JUNE)

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• Consolidate

• Sell on high

Trend

Strategy

•R2 - 116.8

•R1 - 114.5Resistance

•S1 - 112.3

•S2 - 109.5support

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Phone


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


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 particular


responsible for 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,

can change without notice. Analyst or any person related to Capitalheight


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.

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.


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Capitalheight recommends that investors independently evaluate particular


rmation 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


d as a recommendation for which either the site or its owners or anyone can

we are not responsible for any loss incurred

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