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Daily commodity news letter by capital height 14 09-10TRANSCRIPT
Daily Newsletter14/09/2010
Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Oil rose to a one-month high on Monday
Copper rallies, China data boost demand prospects
Gold prices steadied below $1,250 an ounce
Euro up V/s Dollar
Base metals recovers on recent lows
LME copper stocks continue to fall
Oil rose to a one-month high on Monday, spurred by an extended shutdown of a major
Canada-U.S. crude pipeline and strong Chinese demand growth and industrial output.
Gold steadied on Monday, partly shrugging off the weight of positive investor sentiment
stemming from a deal on global banking rules, upbeat Chinese data and a rally in risk-
linked assets.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Tue Sep 14
2:30pm EUR German ZEW Economic Sentiment
10.7 14.0
2:30pm EUR Industrial Production m/m 0.2% -0.1%
2:30pm EUR ZEW Economic Sentiment 14.9 15.8
6:00pm USD Core Retail Sales m/m 0.3% 0.2%
6:00pm USD Retail Sales m/m 0.4% 0.4%
7:30pm USD Business Inventories m/m 0.5% 0.3%
8:30pm EUR Buba President Weber Speaks
TECHNICAL
GOLD(OCT)
COPPER(NOV)
NATURALGAS(SEP)
ZINC(SEP)
• Consolidate
• Buy on dips
Trend
Strategy• R2 -19180
• R1 -19050Resistance
• S1 -18780
• S2 -18550support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 363
• R1 - 357Resistance
• S1 - 352
• S2 - 344support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 193
•R1 - 185Resistance
•S1 - 176
•S2 - 167support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 102.7
•R1 - 100.5Resistance
•S1 - 98.2
•S2 - 95.5support
ECHNICAL VIEW
SILVER(DEC
CRUDE(SEP)
LEAD(SEP)
NICKEL(SEP
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 32380
• R1 - 31650Resistance
• S1 - 31050
• S2 - 30380support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 3680
• R1 - 3610Resistance
• S1 - 3490
• S2 - 3410support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 105.8
• R1 - 103.5Resistance
• S1 - 100.3
•S2 - 98.5support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 1110
•R1 - 1075Resistance
•S1 - 1052
•S2 - 1018support
www.capitalheight.com
Phone- (0731)4295950
DEC)
)
NICKEL(SEP)
Buy on dips
32380
31650
31050
30380
Consolidate
Buy on dips
3680
3610
3490
3410
Consolidate
Sell on high
105.8
103.5
100.3
98.5
Consolidate
Buy on dips
1110
1075
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 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
• Sell on dips
Trend
Strategy
•R2 - 101.5
•R1 - 99.5Resistance
•S1 - 97.2
•S2 - 94.5support
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