Daily commodity report
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Transcript of Daily commodity report
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Copper rally stalls after gloomy U.S. jobs data
U.S. unemployment rate rose to 9.2 percent
Stocks of copper in LME-registered warehouses dipped 100 tonnes
Lead inventories at 308,300 tonnes, the lowest since late April
Gold prices on Friday posted their biggest weekly rise
Dollar falls against many currencies
Oil dips on jobs data
U.S. June jobs report disappoints
Copper fell on Friday, putting the brakes on a two-week rally as a dismal set of U.S.
employment data scaled back some recovery optimism. Gold prices on Friday posted
their biggest weekly rise since November 2009, achieved after a weak U.S. labor market
report renewed fears about the health of the world's biggest economy and spurred safe-
haven buying. Oil ended a strong week on a downbeat note on Friday as a dismal U.S.
jobs report cast a pall on the economic outlook.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Mon Jul 11
5:20am JPY M2 Money Stock y/y 2.8% 2.7%
10:30am JPY Household Confidence 35.7 34.2
11:30am JPY Prelim Machine Tool Orders y/y 34.0%
12:15pm EUR French Industrial Production m/m 0.5% -0.3%
TECHNICAL
GOLD(AUG)
COPPER(AUG)
NATURALGAS(JULY
ZINC(JULY)
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 22750
• R1 - 22450Resistance
• S1 - 22180
• S2 - 21970support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 447
• R1 - 439Resistance
• S1 - 427
• S2 - 419support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 197
•R1 - 191Resistance
•S1 - 181
•S2 - 172support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 108.5
•R1 - 106.4Resistance
•S1 - 104.2
•S2 - 101.3support
Phone
ECHNICAL VIEW
SILVER(SEP
) CRUDE(JULY
JULY) LEAD(JULY
NICKEL(
Consolidate
Buy on dips
22750
22450
22180
21970
• 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
108.5
106.4
• Consolidate
• Sell on high
Trend
Strategy
•R2 -
•R1 -Resistance
•S1 -
•S2 -support
www.capitalheight.com
Phone- (0731)4295950
SEP)
JULY)
JULY)
JULY)
Consolidate
Buy on dips
R2 - 56800
R1 - 55750
- 54580
- 53300
Consolidate
Buy on dips
- 4435
- 4350
4240
4150
Consolidate
Buy on dips
R2 - 124.20
R1 - 120.85
- 118.50
- 115.50
Consolidate
Sell on high
- 1115
- 1078
1034
1015
ALUMINIUM(JULY
Disclaimer
The information and views in this report, our website & all the service we provide are
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
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, whil
individually tailor-made investment advice.
evaluate particular investments and strategies, and encourages investors to
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
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 complet
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
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.
taken.
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 117.8
•R1 - 114.7Resistance
•S1 - 111.5
•S2 - 108.7support
Phone
JULY)
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
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
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
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
e can 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.
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
Consolidate
Sell on high
www.capitalheight.com
Phone- (0731)4295950
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 information contained herein is based on
e making investment decision. The report does not provide
recommends that investors independently
seek the advice of a financial adviser. Money
shall not be responsible 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
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
e can 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
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
If found so then Serious Legal Actions can be