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Daily Newsletter01/07/2011

Daily Newsletter-Commodity

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MARKET WRAP

Gold falls after Greek win

The dollar lost nearly quarter of a percent

Copper rallies on relief over Greece

U.S. and Brent crude futures turned higher

Gold fell on Thursday, although still heading for an 11th consecutive quarterly gain, as

growing investor confidence that Greece would avoid a debt default dented perceived

safe-haven assets. Copper rallied to its highest in two months on Thursday, boosted by

renewed risk appetite that stemmed from the safe passage of Greece's austerity plan, as

well as positioning ahead of the end of the first half.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Fri Jul 1

1:30pm EUR Final Manufacturing PMI 52.0 52.0

1:30pm EUR Italian Monthly Unemployment Rate 8.1% 8.1%

1:30pm EUR Italian Quarterly Unemployment Rate 8.4% 8.5%

2:30pm EUR Unemployment Rate 9.9% 9.9%

7:25pm USD Revised UoM Consumer Sentiment 72.0 71.8

7:25pm USD Revised UoM Inflation Expectations 4.0%

7:30pm USD ISM Manufacturing PMI 51.9 53.5

7:30pm USD Construction Spending m/m 0.1% 0.4%

7:30pm USD ISM Manufacturing Prices 72.3 76.5

All Day USD Total Vehicle Sales 12.0M 11.8M

TECHNICAL

GOLD(AUG)

COPPER(AUG)

NATURALGAS(JULY

ZINC(JULY)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 22370

• R1 - 22120Resistance

• S1 - 21870

• S2 - 21650support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 433

• R1 - 425Resistance

• S1 - 413

• S2 - 405support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 207

•R1 - 201Resistance

•S1 - 191

•S2 - 185support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 108.5

•R1 - 105.8Resistance

•S1 - 102.9

•S2 - 100.3support

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ECHNICAL VIEW

SILVER(JULY

) CRUDE(JULY

JULY) LEAD(JULY

NICKEL(

Consolidate

Buy on dips

22370

22120

21870

21650

• 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

Buy on dips

108.5

105.8

• Consolidate

• Sell on high

Trend

Strategy

•R2 -

•R1 -Resistance

•S1 -

•S2 -support


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Phone- (0731)4295950

JULY)

JULY)

JULY)

JULY)

Consolidate

Buy on dips

R2 - 54800

R1 - 52750

- 50480

- 49300

Consolidate

Sell on high

- 4370

- 4290

4170

4090

Consolidate

Buy on dips

R2 - 122.5

R1 - 119.3

- 116.8

- 113.5

Consolidate

Sell on high

- 1105

- 1073

1028

993

ALUMINIUM(JUNE

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Investment in Commodity and equity market has its own risks.

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whatsoever for any financial profits or loss which may arise from the recommendations above.

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which is received directly or indirectly by them. If found so then Ser

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 116.8

•R1 - 113.5Resistance

•S1 - 110.3

•S2 - 108.5support

[email protected]

Phone

JUNE)

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


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. Capitalheight recommends that investors independently evaluate particul



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 Capitalhei


free will and does not read any views expressed as a recommendation for which either the site or its owners or a

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


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

Consolidate

Sell on high


[email protected]

Phone- (0731)4295950

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



made investment advice. Capitalheight recommends that investors independently evaluate particular



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

Capitalheight might be


free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can

we are not responsible for any loss incurred

Capitalheight does not

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


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