Daily Commodity Report
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Transcript of Daily Commodity Report
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Gold prices have soared to record highs
Copper falls as dollar rises
Dollar at highest in three months
Inventories of aluminium continue to fall
Brent prices slipped in volatile trading on Tuesday
Gold prices have soared to record highs this year on concerns over the euro zone debt
crisis, and the metal could be set for another leg higher if the world's biggest economy,
the United States, also starts to struggle with its debt repayments. Copper fell on Tuesday
on a deepening debt crisis in the euro zone that has prompted investors to off-load assets
perceived as risky, including the euro currency, but strikes in top producer countries
helped limit further losses. U.S. crude remained more than 1 percent higher, having
bounced on technical support and as the dollar gave up early strength.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Wed Jul 13
11:30am EUR German WPI m/m -0.1% 0.0%
2:30pm EUR Industrial Production m/m 0.5% 0.2%
6:00pm USD Import Prices m/m -0.7% 0.2%
7:30pm USD Fed Chairman Bernanke Testifies
8:00pm USD Crude Oil Inventories -0.9M
11:30pm USD Federal Budget Balance -57.6B
TECHNICAL
GOLD(AUG)
COPPER(AUG)
NATURALGAS(JULY
ZINC(JULY)
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 22950
• R1 - 22740Resistance
• S1 - 22380
• S2 - 22070support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 447
• R1 - 436Resistance
• S1 - 427
• S2 - 419support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 205
•R1 - 198Resistance
•S1 - 185
•S2 - 177support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 107.5
•R1 - 104.9Resistance
•S1 - 102.2
•S2 - 98.7support
Phone
ECHNICAL VIEW
SILVER(SEP
) CRUDE(JULY
JULY) LEAD(JULY
NICKEL(
Consolidate
Buy on dips
22950
22740
22380
22070
• Consolidate
• Buy on dips
Trend
Strategy
• R2
• R1 Resistance
• S1 -
• S2 -support
Consolidate
Buy on dips• Consolidate
• Sell on high
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
Sell on high
107.5
104.9
• 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 - 55500
R1 - 54250
- 52870
- 51500
Consolidate
Sell on high
- 4440
- 4360
4250
4170
Consolidate
Buy on dips
R2 - 125.2
R1 - 122.5
- 119.3
- 116.5
Consolidate
Sell on high
- 1083
- 1058
1019
983
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 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.
evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser.
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 futur
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 understoo
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 inf
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 fi
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 th
taken.
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 114.8
•R1 - 111.3Resistance
•S1 - 108.8
•S2 - 106.5support
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
(or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them
Sincere efforts have been made to present the right investment perspective. The information contained herein is based 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
site or its owners or anyone 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
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
(or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them
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 provide
recommends that investors independently
evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money
shall not be responsible for any transaction conducted based on the information given in this
e price performance. The information herein,
together with all estimates and forecasts, can change without notice. Analyst or any person related to Money Capitalheight
d 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
ormation 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
nancial 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
en Serious Legal Actions can be