Daily Commodity Market Report by Money CapitalHeight

Daily Newsletter-Commodity 18/07/2014

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MARKET WRAP

Gold futures for August delivery rose 1.3 percent

Silver futures for September delivery rose 1.7 percent

Nickel, lead and zinc declined, while tin rose

Crude Futures rose as much as 0.7 percent

Gold futures posted the biggest gain in four weeks after Ukraine said rebels shot

down a Malaysian jet carrying 295 people near its border with Russia. Silver

futures for September delivery rose 1.7 percent to $21.134 an ounce on the

Comex, the biggest gain in a week. Aluminum rose to a 16-month high as a gauge

of global inventories dwindled amid signs of higher demand for the metal used in

construction, autos and cans. Copper dropped 0.1 percent to $7,067.50 a ton

($3.21 a pound). Nickel, lead and zinc declined, while tin rose. West Texas

Intermediate headed for the first weekly gain in a month and Brent crude advance

ECONOMIC CALENDAR Date Time Currency Economic Data Forecast Previous

Fri Jul 18

1:30pm EUR Current Account 24.3B 21.5B

4:00pm EUR German Buba President Weidmann Speaks

7:25pm USD Prelim UoM Consumer Sentiment 83.5 82.5

USD Prelim UoM Inflation Expectations 3.1%

7:30pm USD CB Leading Index m/m 0.6% 0.5%


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TECHNICAL VIEW

GOLD(AUG) SILVER(SEP)

COPPER(AUG) CRUDE(JULY)

NATURALGAS(JULY) LEAD(JULY)

ZINC(JULY) NICKEL(JULY)

• Consolidate

• Buy on dips

Trend

Strategy • R2 - 28650

• R1 - 28380 Resistance

• S1 - 27850

• S2 - 27580 support

• Consolidate

• Sell on high

Trend



• S1 - 43550


• Consolidate

• Buy on dips

Trend



• S1 - 425


• Consolidate

• Buy on dips

Trend



• S1 - 6150


• Consolidate

• Sell on high

Trend

Strategy •R2 - 253

•R1 - 245 Resistance

•S1 - 234

•S2 - 227 support

• Consolidate

• Buy on dips

Trend

Strategy • R2 - 136.7

• R1 - 133.3 Resistance

• S1 - 129.2

•S2 - 127.5 support

• Consolidate

• Buy on dips

Trend

Strategy •R2 - 142.5

•R1 - 139.5 Resistance

•S1 - 135.2


• Consolidate

• Buy on dips

Trend

Strategy •R2 - 1218

•R1 - 1175 Resistance

•S1 - 1143

•S2 - 1112 support


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Phone- (0731)6615050-6620150

ALUMINIUM(JULY)

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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.

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• Bullish

• Buy on dips

Trend

Strategy •R2 - 123.5

•R1 - 120.8 Resistance

•S1 - 117.3


Daily Commodity Market Report by Money CapitalHeight

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