Issuu on Google+

Daily Newsletter Newsletter-Commodity 22/07/2011

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

MARKET WRAP Oil rose for a third straight session on Thursday Gold held near $1,600 an ounce on Thursday Silver ETF sees largest one-day outflow in a month The euro recouped ground on Thursday LME copper falls for 2nd day China's factory output shrank in July Oil rose for a third straight session on Thursday, lifted by upbeat U.S. economic data, signs of a deal to bailout Greece and confirmation the International Energy Agency would not release more emergency stocks for now. Gold held near $1,600 an ounce on Thursday as caution over the outlook for the European debt crisis lingered after draft proposals from an emergency EU summit in Brussels were reported, and as concerns persisted over talks to lift the U.S. debt ceiling. London copper dropped for a second day on Thursday, erasing early gains, as poor manufacturing data at top copper consumer China countered optimism about progress in resolving debt woes in Europe and the United States.

ECONOMIC CALENDAR Date

Time

Currency

Economic Data

Forecast Previous

Fri 1:30pm Jul 22 1:30pm

EUR

German Ifo Business Climate

113.7

114.5

EUR

Italian Retail Sales m/m

0.3%

0.4%

2:30pm

EUR

Industrial New Orders m/m

0.7%

0.8%

www.capitalheight.com


info@capitalheight.com PhonePhone (0731)4295950

TECHNICAL VIEW GOLD(AUG) Trend Strategy

• Consolidate • Buy on dips

SILVER(SEP SEP) Trend Strategy

• Consolidate • Buy on dips

Resistance

• R2 - 23550 • R1 - 23220

Resistance

• R2 - 62200 • R1 - 60350

support

• S1 - 22920 • S2 - 22770

support

• S1 - 58370 • S2 - 57200

COPPER(AUG)) Trend Strategy

• Consolidate • Buy on dips

CRUDE(AUG AUG) Trend Strategy

• Consolidate • Buy on dips

Resistance

• R2 - 452 • R1 - 441

Resistance

• R2 - 4560 • R1 - 4480

support

• S1 - 429 • S2 - 421

support

• S1 - 4370 • S2 - 4285

NATURALGAS(JULY JULY) Trend Strategy

• Consolidate • Buy on dips

LEAD(JULY JULY) Trend Strategy

• Consolidate • Buy on dips

Resistance

•R2 - 213 •R1 - 205

Resistance

• R2 - 124.5 • R1 - 121.2

support

•S1 - 195 •S2 - 187

support

• S1 - 118.6 •S2 - 115.5

ZINC(JULY) Trend Strategy

• Consolidate • Buy on dips

NICKEL(JULY) Trend Strategy

• Consolidate • Buy on dips

Resistance

•R2 - 112.5 •R1 - 109.6

Resistance

•R2 - 1125 •R1 - 1093

support

•S1 - 106.3 •S2 - 103.5

support

•S1 - 1053 •S2 - 1015

www.capitalheight.com


info@capitalheight.com PhonePhone (0731)4295950

ALUMINIUM(JULY JULY) Trend Strategy

• Consolidate • Buy on dips

Resistance

•R2 - 116.5 •R1 - 113.7

support

•S1 - 110.5 •S2 - 107.8

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 urces 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 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 t site or its owners or anyone can n 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 ssell ell 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 ffound ound so then Serious Legal Actions can be taken.

www.capitalheight.com


Daily Commodity Report