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Daily commodity news letter by CapitalHeight 21 09-10 http://www.capitalheight.com9993066624
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Daily Newsletter21/09/2010
Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Copper eases from 5-mth high
Oil jumps above $75, A weak dollar also was supportive to oil.
Gold hit record highs for a fourth day on Monday
Euro up V/s Dollar
Silver at 2-1/2 year highs, nears 30-year peaks
Gold hit record highs for a fourth day on Monday, lifted by a potent mix of factors
including dollar weakness, further central bank buying and speculation more stimulus
measures could prove inflationary. Copper climbed to a fresh five month peak on
Monday, buoyed by a falling dollar and market talk of further quantitative easing in the
United States. Oil edged higher on Monday towards $74 a barrel, after dropping 3.7
percent last week.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Tue Sep 21
7:00am AUD Monetary Policy Meeting Minutes
2:00pm GBP Public Sector Net Borrowing 12.3B 3.2B
4:30pm CAD Core CPI m/m 0.1% -0.1%
4:30pm CAD CPI m/m 0.0% 0.5%
6:00pm USD Building Permits 0.56M 0.56M
6:00pm USD Housing Starts 0.55M 0.55M
11:45pm USD FOMC Statement
11:45pm USD Federal Funds Rate <0.25%
TECHNICAL
GOLD(OCT)
COPPER(NOV)
NATURALGAS(SEP)
ZINC(SEP)
• Bullish
• Buy on dips
Trend
Strategy• R2 -19350
• R1 -19180Resistance
• S1 -19040
• S2 -18850support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 366
• R1 - 357Resistance
• S1 - 351
• S2 - 343support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 189
•R1 - 181Resistance
•S1 - 173
•S2 - 165support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 102.7
•R1 - 100.5Resistance
•S1 - 97.7
•S2 - 95.5support
ECHNICAL VIEW
SILVER(DEC
CRUDE(SEP)
LEAD(SEP)
NICKEL(SEP
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 33150
• R1 - 32580Resistance
• S1 - 31850
• S2 - 31180support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 3510
• R1 - 3440Resistance
• S1 - 3330
• S2 - 3250support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 102.8
• R1 - 100.3Resistance
• S1 - 97.5
•S2 - 95.3support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 1110
•R1 - 1083Resistance
•S1 - 1052
•S2 - 1018support
www.capitalheight.com
Phone- (0731)4295950
DEC)
)
NICKEL(SEP)
Buy on dips
33150
32580
31850
31180
Consolidate
Sell on high
3510
3440
3330
3250
Consolidate
Sell on high
102.8
100.3
97.5
95.3
Consolidate
Buy on dips
1110
1083
1052
1018
ALUMINIUM(SEP)
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
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 up
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
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
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 rela
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
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 recommendations above.
purport to be an invitation or an offer to buy 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
• Consolidate
• Sell on dips
Trend
Strategy
•R2 - 102.7
•R1 - 100.5Resistance
•S1 - 98.8
•S2 - 96.5support
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
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
made investment advice. Capitalheight recommends that investors independently
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
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
his free will and does not read any views expressed as a recommendation for which either the site or
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.
curacy 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
accept any responsibility (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
not be responsible for 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
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
anyone else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone