daily commodity report
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Daily Newsletter25/08/2011
Daily Newsletter-Commodity
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MARKET WRAP
Gold surrendered gains to fall 3.5 percent on Wednesday
Copper rises after U.S. data
U.S. durable goods for July rise more than expected
The dollar rose against a basket of currencies
Crude stocks fall unexpectedly as imports drop
Gold surrendered gains to fall 3.5 percent on Wednesday as above-consensus U.S.
economic data lifted stock markets, prompting some investors to cash in this month's
hefty gains ahead of a keenly awaited central bank gathering this week. Copper rose on
Wednesday after orders for long-lasting U.S. manufactured goods rose more than
expected, but gains were capped as the dollar rose and markets awaited a U.S. Federal
Reserve speech on Friday. U.S. crude oil stocks fell last week on a drop in imports, while
petroleum product stocks rose as refiners boosted output, U.S. Energy Information
Administration data showed on Wednesday.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Thu Aug 25
11:30am EUR GfK German Consumer Climate 5.2 5.4
6:00pm USD Unemployment Claims 403K 408K
8:00pm USD Natural Gas Storage 75B 50B
Day 1 ALL Jackson Hole Symposium
TECHNICAL
GOLD(OCT)
COPPER(AUG)
NATURALGAS(AUG
ZINC(AUG)
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 27350
• R1 - 26980Resistance
• S1 - 26240
• S2 - 25850support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 419
• R1 - 411Resistance
• S1 - 397
• S2 - 389support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 193
•R1 - 185Resistance
•S1 -175
•S2 -167support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 103.5
•R1 - 100.7Resistance
•S1 - 96.8
•S2 - 93.5support
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Phone
ECHNICAL VIEW
SILVER(SEP
) CRUDE(SEP
AUG) LEAD(AUG
NICKEL(
Consolidate
Buy on dips
27350
26980
26240
25850
• Consolidate
• Buy on dips
Trend
Strategy
• R2
• R1 Resistance
• S1 -
• S2 -support
Consolidate
Buy on dips• Consolidate
• Buy on dips
Trend
Strategy• R2 -
• R1 -Resistance
• S1 -
• S2 -support
Consolidate
Sell on high
• Consolidate
• Sell on high
Trend
Strategy• R2
• R1 Resistance
• S1
•S2 support
Consolidate
Sell on high
103.5
100.7
• Consolidate
• Sell on high
Trend
Strategy
•R2 -
•R1 -Resistance
•S1 -
•S2 -support
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info@capitalheight.com
Phone- (0731)4295950
SEP)
SEP)
AUG)
AUG)
Consolidate
Buy on dips
R2 - 63300
R1 - 61900
- 59850
- 58500
Consolidate
Buy on dips
- 4115
- 4035
3890
3770
Consolidate
Sell on high
R2 - 111.5
R1 - 108.8
- 105.8
- 101.5
Consolidate
Sell on high
- 1013
- 977
928
887
ALUMINIUM(AUG
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable, but we
accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui
the most.
Sincere efforts have been made to present the right investment perspective. The information contained here
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. Th
individually tailor-made investment advice.
evaluate particular investments and strategies, and encourages investors to seek the advice of a financial
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
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 t
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
whatsoever for any financial profits or loss which may arise from the recommendations above.
Research Pvt. Ltd. does not purport to be an invitation or an offer to buy or s
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 f
taken.
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 110.5
•R1 - 107.9Resistance
•S1 - 105.8
•S2 - 102.5support
info@capitalheight.com
Phone
AUG)
The information and views in this report, our website & all the service we provide are believed to be reliable, but we
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 contained here
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
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
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.
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
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 t
n be held responsible for . Any surfing and reading of the information is the acceptance of this
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.
does not purport to be an invitation or an offer to buy or sell any financial instrument.
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
Consolidate
Sell on high
www.capitalheight.com
info@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 them
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
e report does not provide
recommends that investors independently
evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money
shall not be responsible for any transaction conducted based on the information given in this
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
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
n be held responsible for . Any surfing and reading of the information is the acceptance of this
we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Money Capitalheight
ell 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
ound so then Serious Legal Actions can be
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