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Daily Newsletter26/07/2011

Daily Newsletter-Commodity

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MARKET WRAP

The euro recovered against the dollar

Gold at record on US debt fear

Moody's cut Greece's credit rating further

Copper ended down by less than half a percent on Monday

Oil falls as U.S. debt deal remains elusive

U.S. stocks dipped

Gold hit record highs on Monday on the political impasse over a U.S. debt deal, while

other commodities fell broadly as investors reappraised risk in the event the United States

faces a disastrous credit default. Copper ended down by less than half a percent on

Monday, limited in its range by concerns over stalled U.S. debt deal talks and escalating

supply troubles at the world's largest copper mine. Oil prices fell on Monday as the

inability of the U.S. Congress to reach agreement on raising the government debt limit

kept investors wary of risky assets and concerned about the global economy.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Tue Jul 26

11:30am EUR GfK German Consumer Climate 5.6 5.7

6:30pm USD S&P/CS Composite-20 HPI y/y -4.6% -4.0%

7:30pm USD CB Consumer Confidence 57.1 58.5

7:30pm USD New Home Sales 321K 319K

7:30pm USD Richmond Manufacturing Index 5 3

TECHNICAL

GOLD(AUG)

COPPER(AUG)

NATURALGAS(AUG

ZINC(JULY)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 23550

• R1 - 23340Resistance

• S1 - 23050

• S2 - 22870support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 452

• R1 - 441Resistance

• S1 - 429

• S2 - 421support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 209

•R1 - 201Resistance

•S1 - 191

•S2 - 183support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 112.5

•R1 - 109.6Resistance

•S1 - 107.3

•S2 - 104.5support

[email protected]

Phone

ECHNICAL VIEW

SILVER(SEP

) CRUDE(AUG

AUG) LEAD(JULY

NICKEL(

Consolidate

Buy on dips

23550

23340

23050

22870

• Consolidate

• Buy on dips

Trend

Strategy

• R2

• R1 Resistance

• S1 -

• S2 -support

Consolidate

Buy on dips• Consolidate

• Buy on dips

Trend

Strategy• R2 -

• R1 -Resistance

• S1 -

• S2 -support

Consolidate

Buy on dips

• Consolidate

• Buy on dips

Trend

Strategy• R2

• R1 Resistance

• S1

•S2 support

Consolidate

Buy on dips

112.5

109.6

• Consolidate

• Buy on dips

Trend

Strategy

•R2 -

•R1 -Resistance

•S1 -

•S2 -support


[email protected]

Phone- (0731)4295950

SEP)

AUG)

JULY)

JULY)

Consolidate

Buy on dips

R2 - 62200

R1 - 60350

- 58370

- 57200

Consolidate

Buy on dips

- 4560

- 4480

4370

4285

Consolidate

Buy on dips

R2 - 124.5

R1 - 121.2

- 117.8

- 115.5

Consolidate

Buy on dips

- 1105

- 1078

1053

1015

ALUMINIUM(JULY

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

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.

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

Capitalheight Research Pvt. Ltd. shall not be responsible for

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

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 o

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 recommendations above.

Research Pvt. Ltd. does not purport to be an invitation or an offer to buy or sell any financial instrument.

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

• Buy on dips

Trend

Strategy

•R2 - 118.5

•R1 - 115.7Resistance

•S1 - 112.5

•S2 - 110.8support

[email protected]

Phone

JULY)


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.

ormation and based upon it & takes no responsibility


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.

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.

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

might be holding positions in the stocks recommended. It is understood that anyone who is browsing

te 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 o

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.

does not purport to be an invitation or an offer to buy or sell any financial instrument.


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

Consolidate

Buy on dips


[email protected]

Phone- (0731)4295950


choose the product/s that suits them



recommends that investors independently

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

any transaction conducted based on the information given in this

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

might be holding positions in the stocks recommended. It is understood that anyone who is browsing

te 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

we are not responsible for any loss incurred

whatsoever for any financial profits or loss which may arise from the recommendations above. Money Capitalheight

does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or


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