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CapitalHeight is a stock advisory company provides stock tips,commodity tips,nse tips, mcx tips, ncdex tips & intraday tips.We provide services in both equity and commodity market
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Daily Newsletter17/01/2011
Daily Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Gold falls 1 pct after China's tightening
Silver fell 1 percent
Copper moves up with equities
Base metals trading near recent high
U.S. crude oil prices up marginally
Gold dropped 1 percent on Friday to notch its biggest two-week loss in nearly a year,
after China tightened bank reserves to rein in inflation and as safe-haven demand faded
on a better economic outlook. Earlier this week, Federal Reserve Chairman Ben
Bernanke said the U.S. economy should grow around 3 to 4 percent this year, a
healthier clip than in 2010. Copper made modest gains in London on Friday, but U.S.
copper surged to near record levels as an improved U.S. economic outlook. Stocks of
copper in London Metal Exchange fell 1,125 tonnes to 376,225 tonnes. Zinc closed at
$2,457 from $2,462 a tonne while battery material lead was at $2,678 from $2,635 a
tonne.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Mon Jan 17
5:31am GBP Rightmove HPI m/m -3.0%
10:30am JPY Household Confidence 41.7 40.4
5:45pm USD FOMC Member Plosser Speaks
All Day USD Bank Holiday
TECHNICAL
GOLD(FEB)
COPPER(FEB)
NATURALGAS(JAN)
ZINC(JAN)
• Consolidate
• Sell on high
Trend
Strategy• R2 -20550
• R1 -20380Resistance
• S1 -20150
• S2 -20030support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 459
• R1 - 451Resistance
• S1 - 439
• S2 - 431support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 215
•R1 - 207Resistance
•S1 - 197
•S2 - 189support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 114.5
•R1 - 112.4Resistance
•S1 - 109.3
•S2 - 107.5support
ECHNICAL VIEW
SILVER(MAR
CRUDE(FEB)
LEAD(JAN)
NICKEL(JAN
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 44900
• R1 - 44350Resistance
• S1 - 43450
• S2 - 42750support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 4330
• R1 - 4270Resistance
• S1 - 4180
• S2 - 4110support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 126.5
• R1 - 123.5Resistance
• S1 - 120.9
•S2 - 117.5support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 1235
•R1 - 1198Resistance
•S1 - 1167
•S2 - 1139support
www.capitalheight.com
Phone- (0731)4295950
MAR)
)
NICKEL(JAN)
Consolidate
Sell on high
44900
44350
43450
42750
Consolidate
Buy on dips
4330
4270
4180
4110
Consolidate
Buy on dips
126.5
123.5
120.9
117.5
Consolidate
Buy on dips
1235
1198
1167
1139
ALUMINIUM(JAN)
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. 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 th
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 A
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 - 116.5
•R1 - 113.3Resistance
•S1 - 111.3
•S2 - 109.7support
The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not
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
rces 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
any transaction 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
together 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
ee 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.
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
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
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
any transaction 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
ee 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.
we are not responsible for any loss incurred
Capitalheight does not
Our Clients (Paid Or Unpaid), Any third party or
ny Information Provided by us to/with anyone