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CapitalHeight Financial Services is a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Equity Tips as well as Commodity Tips. For 2 Days Free Trial, please visit our site at http://www.capitalheight.com or please call our 24/7 Customer Care Support us at +91 9993066624, 0731 - 4295 - 950 Or email us at: [email protected]
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Daily Newsletter11/04/2011
Daily Newsletter-Commodity
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MARKET WRAP
Gold rallies above $1,470/oz
silver soars on dollar decline
Base metals jump to new highs as inflation fears mount
Copper ended up over 2 percent on Friday
Stocks of copper saw another 1,800 tonnes flow into LME warehouses
Lead hits new multi week high
Gold rose to a record high for a fourth straight day and silver surged on Friday, as a
weaker dollar, the prospect of a U.S. government shutdown and inflation worries lifted
precious metals in a broad commodities rally. Copper ended up over 2 percent on
Friday, posting its biggest weekly advance since early December, as the dollar
weakened and investor demand for the metal increased with inflation fears mounting.
London Metal Exchange three-month copper rallied $205 to close at $9,875 per tonne,
near a session peak of $9,896 -- its highest in more than a month.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Mon Apr 11
12:15pm EUR French Industrial Production m/m 0.5% 1.0%
1:30pm EUR Italian Industrial Production m/m 1.4% -1.5%
2:45pm USD FOMC Member Dudley Speaks
8:30pm USD FOMC Member Evans Speaks
9:00pm EUR Buba President Weber Speaks
9:45pm USD FOMC Member Yellen Speaks
TECHNICAL
GOLD(JUNE)
COPPER(APR)
NATURALGAS(APR)
ZINC(APR)
• Bullish
• Buy on dips
Trend
Strategy• R2 -21880
• R1 -21550Resistance
• S1 -21230
• S2 -20950support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 457
• R1 - 448Resistance
• S1 - 437
• S2 - 428support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 193
•R1 - 185Resistance
•S1 - 174
•S2 - 167support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 118.7
•R1 - 115.5Resistance
•S1 - 110.8
•S2 - 107.5support
ECHNICAL VIEW
SILVER(MAY
CRUDE(APR)
LEAD(APR)
NICKEL(APR
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 62250
• R1 - 61450Resistance
• S1 - 59650
• S2 - 58200support
• Bullish
• Buy on dips
Trend
Strategy• R2 - 5170
• R1 - 5080Resistance
• S1 - 4970
• S2 - 4880support
• Bullish
• Buy on dips
Trend
Strategy• R2 - 137.5
• R1 - 134.3Resistance
• S1 - 130.2
•S2 - 127.5support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 1278
•R1 - 1245Resistance
•S1 - 1207
•S2 - 1173support
www.capitalheight.com
Phone- (0731)4295950
MAY)
)
)
R)
Buy on dips
62250
61450
59650
58200
Buy on dips
5170
5080
4970
4880
Buy on dips
137.5
134.3
130.2
127.5
Consolidate
Buy on dips
1278
1245
1207
1173
ALUMINIUM(APR)
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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. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shal
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
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.
whatsoever for any financial profits or loss which may arise from the reco
purport to be an invitation or an offer to buy or sell any financial instrument.
anyone else have no rights to forward or share our calls or SMS or Report or Any Inf
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 - 124.5
•R1 - 121.6Resistance
•S1 - 119.3
•S2 - 117.5support
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
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
n 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
made investment advice. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shal
ransaction conducted based on the information given in this report, which is in violation of rules
price projections shown are not necessarily indicative of future price performance. The information herein,
ther with all estimates and forecasts, can change without notice. Analyst or any person related to Capitalheight
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at
l 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.
tment 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
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.
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
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
made investment advice. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
ransaction conducted based on the information given in this report, which is in violation of rules
price projections shown are not necessarily indicative of future price performance. The information herein,
Capitalheight might be
holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at
l 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.
we are not responsible for any loss incurred
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Our Clients (Paid Or Unpaid), Any third party or
ormation Provided by us to/with anyone