Commodity Tips By

4
Daily Newsle 09/02/2011 etter-Commodity www.capita alheight.com

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CapitalHeight is a stock advisory company provides stock tips, commodity tips, mcx tips, equity tips, free stock tips, intraday tips and ncdex tips. We provide services in both equity and commodity market. http://www.capitalheight.com http://capitalheight.wordpress.com/ http://capitalheightfinancialservices.blogspot.com/ 9993066624

Transcript of Commodity Tips By

Page 1: Commodity Tips By

Daily Newsletter09/02/2011

Daily Newsletter-Commodity

www.capitalheight.com

www.capitalheight.com

Page 2: Commodity Tips By

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MARKET WRAP

Gold hits highest in nearly three weeks on short covering

Oil and copper prices recovered losses made after China's interest rate

increase

dollar index slipped 0.4 percent

Lead, Aluminium up almost 0.5% after sharp fall

Nickel coveres all losses on Tuesday

Natural Gas continues it’s down trend down almost 2%

Silver hits multi week high

Gold rose more than 1 percent on Tuesday to $1,367.60 an ounce as traders covering

short positions in the New York futures market pushed spot prices through key

resistance at the metal's 100-day moving average. Oil and copper prices recovered

losses made after China's interest rate increase. The dollar index slipped 0.4 percent,

meanwhile, adding further upward pressure to gold.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Wed Feb 9

12:30pm EUR German Trade Balance 11.9B 11.8B

8:30pm USD Fed Chairman Bernanke Testifies

9:00pm USD Crude Oil Inventories 2.2M 2.6M

Page 3: Commodity Tips By

TECHNICAL

GOLD(APR)

COPPER(FEB)

NATURALGAS(FEB)

ZINC(FEB)

• Consolidate

• Buy on dips

Trend

Strategy• R2 -20530

• R1 -20380Resistance

• S1 -20120

• S2 -19850support

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 468

• R1 - 461Resistance

• S1 - 452

• S2 - 444support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 199

•R1 - 191Resistance

•S1 - 183

•S2 - 177support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 116.5

•R1 - 114.4Resistance

•S1 - 111.2

•S2 - 108.8support

ECHNICAL VIEW

SILVER(MAR

CRUDE(FEB)

LEAD(FEB)

NICKEL(FEB

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 46650

• R1 - 45800Resistance

• S1 - 44500

• S2 - 43850support

• Consolidate

• Sell on high

Trend

Strategy• R2 - 4120

• R1 - 4030Resistance

• S1 - 3920

• S2 - 3830support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 121.5

• R1 - 118.4Resistance

• S1 - 114.2

•S2 - 112.5support

• Bullish

• Buy on dips

Trend

Strategy

•R2 - 1345

•R1 - 1311Resistance

•S1 - 1273

•S2 - 1245support

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MAR)

)

NICKEL(FEB)

Consolidate

Buy on dips

46650

45800

44500

43850

Consolidate

Sell on high

4120

4030

3920

3830

Consolidate

Buy on dips

121.5

118.4

114.2

112.5

Buy on dips

1345

1311

1273

1245

Page 4: Commodity Tips By

ALUMINIUM(FEB)

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. Capitalheight recommends that investors independently evaluate

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

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 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.

whatsoever for any financial profits or loss which may arise from th

purport to be an invitation or an offer to buy or sell any financial instrument.

anyone else have no rights to forward or share our calls or SMS or Report or A

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

• Bullish

• Buy on dips

Trend

Strategy

•R2 - 220.7

•R1 - 116.5Resistance

•S1 - 114.1

•S2 - 111.6support

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not

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

Sincere efforts have been made to present the right investment perspective. The information contained herein is based on

rces 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

made investment advice. Capitalheight recommends that investors independently evaluate

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

any transaction conducted based on the information given in this report, which is in violation of rules

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 Capitalheight

holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at

ee 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

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.

www.capitalheight.com

[email protected]

Phone- (0731)4295950

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not

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

Sincere efforts have been made to present the right investment perspective. The information contained herein is based on

The information given herein should be treated as only factor, while making investment decision. The report does not

made investment advice. Capitalheight recommends that investors independently evaluate

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

any transaction conducted based on the information given in this report, which is in violation of rules

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

Capitalheight might be

holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at

ee 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.

we are not responsible for any loss incurred

Capitalheight does not

Our Clients (Paid Or Unpaid), Any third party or

ny Information Provided by us to/with anyone