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Daily Newsletter02/09/2010
Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Oil rose more than 3 percent to above $74
Copper hit its highest in more than four months
U.S. manufacturing data pushes base metals higher
Aluminium stocks in LME warehouses have also been falling
U.S. crude stocks rose 3.43 million barrels
Oil rose more than 3 percent to above $74 a barrel on Wednesday after strong U.S. and
Chinese data soothed investor concerns over the pace of economic recovery in the
world's top two energy consumers. Gold eased on Wednesday after better-than-
expected U.S. manufacturing data lifted appetite for stocks and other assets seen as
higher risk after earlier hitting two-month highs amid concerns over economic recovery.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Thu Sep 2
6:00pm USD Unemployment Claims 476K 473K
6:00pm USD Revised Nonfarm Productivity q/q -1.9% -0.9%
6:00pm USD Revised Unit Labor Costs q/q 1.3% 0.2%
6:30pm USD Fed Chairman Bernanke Testifies
7:30pm USD Pending Home Sales m/m -1.3% -2.6%
7:30pm USD Factory Orders m/m 0.4% -1.2%
8:00pm USD Natural Gas Storage 56B 40B
TECHNICAL
GOLD(OCT)
COPPER(NOV)
NATURALGAS(SEP)
ZINC(SEP)
• Bullish
• Buy on dips
Trend
Strategy• R2 -19420
• R1 -19170Resistance
• S1 -18930
• S2 -18750support
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 367
• R1 - 359Resistance
• S1 - 352
• S2 - 345support
• Consolidate
• Sell on higher
Trend
Strategy
•R2 - 193
•R1 - 185Resistance
•S1 - 176
•S2 - 167support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 103.7
•R1 - 101.2Resistance
•S1 - 99.3
•S2 - 96.4support
ECHNICAL VIEW
SILVER(DEC
CRUDE(SEP)
LEAD(SEP)
NICKEL(SEP
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 31680
• R1 - 31000Resistance
• S1 - 30250
• S2 - 29580support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 3610
• R1 - 3530Resistance
• S1 - 3410
• S2 - 3330support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 102.8
• R1 - 100.2Resistance
• S1 - 98.3
•S2 - 95.5support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 1055
•R1 - 1012Resistance
•S1 - 975
•S2 - 933support
www.capitalheight.com
Phone- (0731)4295950
DEC)
)
NICKEL(SEP)
Buy on dips
31680
31000
30250
29580
Consolidate
Sell on high
3610
3530
3410
3330
Consolidate
Buy on dips
102.8
100.2
98.3
95.5
Consolidate
Sell on high
1055
1012
975
933
ALUMINIUM(SEP)
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable,
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui
them the most.
Sincere efforts have been made to present the right investment perspective. The information contain
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
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. Capi
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule
and regulations of MCX and NCDEX.
The metals price projections shown are not necessarily indicative of future pri
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
his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyon
can be held responsible for . Any surfing and reading of the information is the acceptance of
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 sell any financial instrument.
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
• Sell on higher
Trend
Strategy
•R2 - 101.5
•R1 - 99.5Resistance
•S1 - 96.8
•S2 - 94.5support
The information and views in this report, our website & all the service we provide are believed to be reliable,
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui
Sincere efforts have been made to present the right investment perspective. The information contain
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 evaluate
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capi
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule
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 its owners or anyon
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
s 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
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
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
ce performance. The information herein,
Capitalheight might be
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
this disclaimer.
we are not responsible for any loss incurred
Capitalheight does not
Our Clients (Paid Or Unpaid), Any third party or
share our calls or SMS or Report or Any Information Provided by us to/with anyone
