Embed Size (px)
Citation preview
www.capitalheight.com
Phone- (0731)4295650
MARKET WRAP
Gold recovers from day’s low
Silver for immediate delivery close above 20.75$
Copper futures fell for the first time in four sessions
Crude capped a sixth weekly decline
Aluminum, zinc, lead, tin and nickel also declined on LME
Crude capped a sixth weekly decline, the longest stretch of losses in 15 years, as
rising U.S. supplies countered speculation that the Federal Reserve will maintain
stimulus of the economy. Futures fell 0.8 percent this week, poised for the longest
streak since December 1998. U.S. crude stockpiles climbed for an eighth week
as output expanded to the highest level since January 1989. Natural gas futures
rose a third day, increasing 1 percent after surging 2.8 percent last week, a second
week of gains.
ECONOMIC CALENDAR Date Time Currency Economic Data Forecast Previous
Mon Nov 18
11:30am USD FOMC Member Rosengren Speaks
2:30pm EUR Current Account 18.3B 17.4B
3:30pm EUR Trade Balance 14.3B 12.3B
7:30pm USD TIC Long-Term Purchases 21.3B -8.9B
8:30pm USD NAHB Housing Market Index 56 55
10:45pm USD FOMC Member Dudley Speaks
www.capitalheight.com
Phone- (0731)4295650
TECHNICAL VIEW
GOLD(DEC) SILVER(DEC)
COPPER(NOV) CRUDE(NOV)
NATURALGAS(NOV) LEAD(NOV)
ZINC(NOV) NICKEL(NOV)
• Consolidate
• Buy on dips
Trend
Strategy • R2 - 31180
• R1 - 30750 Resistance
• S1 - 29960
• S2 - 29530 support
• Consolidate
• Buy on dips
Trend
Strategy • R2 - 48700
• R1 - 47550 Resistance
• S1 - 45850
• S2 - 44780 support
• Consolidate
• Buy on dips
Trend
Strategy • R2 - 455
• R1 - 448 Resistance
• S1 - 433
• S2 - 425 support
• Consolidate
• Sell on high
Trend
Strategy • R2 - 6070
• R1 - 5990 Resistance
• S1 - 5835
• S2 - 5775 support
• Consolidate
• Sell on high
Trend
Strategy •R2 - 245
•R1 - 237 Resistance
•S1 - 223
•S2 - 217 support
• Consolidate
• Buy on dips
Trend
Strategy • R2 - 135.7
• R1 - 133.8 Resistance
• S1 - 129.5
•S2 - 126.8 support
• Consolidate
• Buy on dips
Trend
Strategy •R2 - 124.5
•R1 - 120.8 Resistance
•S1 - 116.3
•S2 - 114.5 support
• Consolidate
• Buy on dips
Trend
Strategy •R2 - 918
•R1 - 895 Resistance
•S1 - 848
•S2 - 818 support
www.capitalheight.com
Phone- (0731)4295650
ALUMINIUM(NOV)
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. 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.
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 Money CapitalHeight 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 the 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. we are not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight Research Pvt. Ltd. does not purport to be an invitation or an offer to buy 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 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
• Buy on dips
Trend
Strategy •R2 - 117.5
•R1 - 114.8 Resistance
•S1 - 110.1
•S2 - 107.3 support
