Daily commodity report

Daily Newsletter26/08/2011

Daily Newsletter-Commodity

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MARKET WRAP

Gold tumbled nearly 3 percent on Thursday

Gold slips towards $1,700/oz after CME margin hike

Copper climbed on Thursday up almost 2%

Brent crude oil rose to $111 a barrel on Thursday

Gold tumbled nearly 3 percent on Thursday to more than $200 below Tuesday's record

highs, as investors cashed in scorching gains in the precious metal after the CME Group

hiked gold trading margins for a second time this month. Copper climbed on Thursday

underpinned by expectations of returning demand from top consumer China, but caution

over measures that may be unveiled by the U.S. monetary authorities in Wyoming this

week kept gains in check. Brent crude oil rose to $111 a barrel on Thursday, supported

by a drop in U.S. inventories and investor hopes that the Federal Reserve may announce

stimulus measures for the U.S. economy on Friday.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Fri Aug 26

11:30am EUR German Import Prices m/m 0.2% -0.6%

1:30pm EUR M3 Money Supply y/y 2.2% 2.1%

6:00pm USD Prelim GDP q/q 1.1% 1.3%

6:00pm USD Prelim GDP Price Index q/q 2.3% 2.3%

7:25pm USD Revised UoM Consumer Sentiment 56.2 54.9

7:25pm USD Revised UoM Inflation Expectations 3.4%

7:30pm USD Fed Chairman Bernanke Speaks

Day 2 ALL Jackson Hole Symposium

TECHNICAL

GOLD(OCT)

COPPER(AUG)

NATURALGAS(AUG

ZINC(AUG)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 26750

• R1 - 26280Resistance

• S1 - 25650

• S2 - 25180support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 425

• R1 - 417Resistance

• S1 - 407

• S2 - 398support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 193

•R1 - 185Resistance

•S1 -175

•S2 -167support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 105.5

•R1 - 102.4Resistance

•S1 - 98.8

•S2 - 96.5support

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Phone

ECHNICAL VIEW

SILVER(SEP

) CRUDE(SEP

AUG) LEAD(AUG

NICKEL(

Consolidate

Buy on dips

26750

26280

25650

25180

• 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

Sell on high

• Consolidate

• Buy on dips

Trend

Strategy• R2

• R1 Resistance

• S1

•S2 support

Consolidate

Buy on dips

105.5

102.4

• Consolidate

• Sell on high

Trend

Strategy

•R2 -

•R1 -Resistance

•S1 -

•S2 -support


[email protected]

Phone- (0731)4295950

SEP)

SEP)

AUG)

AUG)

Consolidate

Buy on dips

R2 - 63300

R1 - 61900

- 59850

- 58500

Consolidate

Buy on dips

- 4115

- 4035

3890

3770

Consolidate

Buy on dips

R2 - 114.5

R1 - 111.8

- 108.8

- 105.5

Consolidate

Sell on high

- 1013

- 977

928

887

ALUMINIUM(AUG

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

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 responsib

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 t

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 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

• Sell on high

Trend

Strategy

•R2 - 110.5

•R1 - 108.3Resistance

•S1 - 105.8

•S2 - 102.5support

[email protected]

Phone

AUG)


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.

This material is for personal information 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

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 t

n be held responsible for . Any surfing and reading of the information is the acceptance of this

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.


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

Consolidate

Sell on high


[email protected]

Phone- (0731)4295950


opinion. Users have the right to 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

le for 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

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

n 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


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

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