Commodity report

Daily Newsletter19/07/2011

Daily Newsletter-Commodity

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MARKET WRAP

Gold makes a new all time high of $1607.37

Silver makes a fresh 2 month high of $ 40.94

Copper extend gains on soft dollar

London copper rose above $9,700 a tonne

Oil prices advanced on drop in US stockpiles

The dollar softened versus the Euro and a basket of currencies

Bullions ended up on Friday as European banks stress came disappointing while U.S

consumer sentiment added fuel in precious metals. Gold set a new record high of

$1607.37 and ended on a strong note at $1606.63. U.S oil rose above $96 a barrel on

Tuesday as an expected drop in U.S. crude stocks helped offset pressure from debt fears

in Europe and the United States. Silver gained 2.2 percent to $39.23 an ounce, near a

two-month high of $39.36 set on Thursday.

.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Mon July 18

2:30pm EUR German ZEW Economic Sentiment -11.8 -9.0

2:30pm EUR Zew Economic Sentiment -7.4 -5.9

6:00pm USD Building Permits 0.61M 0.61M

6:00pm USD Housing Starts 0.58M 0.56M

TECHNICAL

GOLD(AUG)

COPPER(JULY)

NATURAL GAS(JULY)

ZINC(JULY)

• Bullish

• Buy on dips

Trend

Strategy• R2 -24000

• R1 -23500Resistance

• S1 - 23080

• S2 - 22850support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 448

• R1 - 442Resistance

• S1 - 427

• S2 - 422support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 212

•R1 - 207Resistance

•S1 - 198

•S2 - 193support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 111.9

•R1 - 108.9Resistance

•S1 - 105.5

•S2 - 102.5support

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ECHNICAL VIEW

SILVER(SEP)

CRUDE(AUG)

LEAD(JULY)

NICKEL(JULY

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 62850


• S1 - 58700


• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4415


• S1 - 4170


• Consolidate

• Buy on dips

Trend

Strategy• R2 - 127


• S1 - 117.5

•S2 - 114.5support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1125

•R1 - 1090Resistance

•S1 - 1027

•S2 - 1005support


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Phone- (0731)4295950

JULY)

Buy on dips

62850

61500

58700

57050

Consolidate

Buy on dips

4415

4300

Consolidate

Buy on dips

117.5

114.5

Consolidate

Sell on high

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 choose the product/s that sui

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

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 particul

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 a

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 com

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

purport to be an invitation or an offer to buy or sell any financia

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 Ser

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 113.8

•R1 - 111.9Resistance

•S1 - 109

•S2 - 107support

[email protected]

Phone

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 sui


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 particul



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 Capitalhei


free will and does not read any views expressed as a recommendation for which either the site or its owners or a

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.


[email protected]

Phone- (0731)4295950

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



made investment advice. Capitalheight recommends that investors independently evaluate particular



price projections shown are not necessarily indicative of future price performance. The information herein,

Capitalheight might be


free 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


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