Today Mcx Commodity Market Tips & News 07-04-2014

Daily Newsletter-Commodity 07/04/2014

www.capitalheight.com

http://www.capitalheight.com/


[email protected]

Phone- (0731)6615050-6620150

MARKET WRAP

Gold futures jumped the most in three weeks

Silver futures for May delivery gained 0.7 percent

Copper futures fell for the second straight day

Zinc and lead gained, while aluminum and tin fell

Crudes rose for a second day after U.S. employers increased payrolls

Gold futures jumped the most in three weeks after a government report showing

U.S. job growth was less than expected triggered economic concerns, boosting

demand for the metal as a store of value. Copper futures fell for the second

straight day as a government report showing job growth trailed estimates triggered

concerns that demand will falter in the U.S., the world’s second-biggest user of the

metal. Nickel rose 0.6 percent to $16,385 a ton. Earlier, the price reached $16,591,

the highest in a year, amid mounting global supply concerns and increasing

demand. Zinc and lead gained, while aluminum and tin fell. West Texas

Intermediate and Brent crudes rose for a second day after U.S. employers

increased payrolls in March, signaling fuel consumption may climb in the world’s

biggest oil-consuming country.

ECONOMIC CALENDAR Date Time Currency Economic Data Forecast Previous

Mon Apr 7

11:30am EUR German Industrial Production m/m 0.3% 0.8%

2:00pm EUR Sentix Investor Confidence 14.1 13.9


[email protected]

Phone- (0731)6615050-6620150

TECHNICAL VIEW

GOLD(JUNE) SILVER(MAY)

COPPER(APR) CRUDE(APR)

NATURALGAS(APR) LEAD(APR)

ZINC(APR) NICKEL(APR)

• Consolidate

• Buy on dips

Trend

Strategy • R2 - 28650

• R1 - 28380 Resistance

• S1 - 27750

• S2 - 27480 support

• Consolidate

• Sell on high

Trend



• S1 - 42350


• Consolidate

• Sell on high

Trend



• S1 - 395


• Consolidate

• Buy on dips

Trend



• S1 - 5980


• Consolidate

• Sell on high

Trend

Strategy •R2 - 281

•R1 - 273 Resistance

•S1 - 261

•S2 - 253 support

• Consolidate

• Sell on high

Trend

Strategy • R2 - 128.7

• R1 - 125.1 Resistance

• S1 - 121.5

•S2 - 118.5 support

• Consolidate

• Sell on high

Trend

Strategy •R2 - 123.5

•R1 - 121.2 Resistance

•S1 - 118.2


• Consolidate

• Buy on dips

Trend

Strategy •R2 - 1048

•R1 - 1015 Resistance

•S1 - 972

•S2 - 943 support


[email protected]

Phone- (0731)6615050-6620150

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. Money CapitalHeight Research Pvt. Ltd. recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money CapitalHeight Research Pvt. Ltd. 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 Money CapitalHeight Research Pvt. Ltd. might be 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. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight Research Pvt. Ltd. does not 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.

• Consolidate

• Sell on high

Trend

Strategy •R2 - 112.2

•R1 - 110.3 Resistance

•S1 - 107.3


Today Mcx Commodity Market Tips & News 07-04-2014

Documents

Transcript of Today Mcx Commodity Market Tips & News 07-04-2014