Weekly Newsletter-commodity

Weekly Newsletter25/07/2011

Weekly Newsletter-Commodity

www.capitalheight.com

Commodity



Capitalheight.wordpress.com

[email protected]

Phone- (0731)4295950

Weekly Newsletter

Contents

Market Wrap

Technical Analysis

Gold ( Comex)

Silver ( Comex)

Crude ( Nymex)

Naturalgas ( Nymex)

Copper (LME)

USD/INR



[email protected]

Phone- (0731)4295950

MARKET WRAP

Brent crude rises above $118 on spread buying

Spot gold approaches $1,609.97/oz

London copper ends down, supply worries cap losses

Dollar falls against many currencies

U U.S crude inventories w/w came at -3.7M vs. -1.5M.

Gold ended up for third consecutive week extending its gains to make a fresh all time

high of $1610.14 and ended the week at $1602.74. Gold extended its gains on the back of

concerns over Greek bailout plan and paired its gains with firmer Dollar. Silver ended up at

$40.08 as recovering industrial demand due to stronger global economic growth

anticipated for 2011. iShare Silver trust holdings currently stands at 9845.17 tonnes.

Copper ended down for the week with trivial loss of$8 on the back of profit booking. LME

Copper made a fresh 3 month high of $9839 as Euro fell against the dollar while U.S

copper ended at $440.60. Copper ended down on concerns over Greece debt crisis,

contraction in China’s manufacturing sector and strike in world’s largest Copper mine in

Chile. Though, LME Copper inventories fell 1,725 tonnes to 472,325 tonnes.

Crude Oil extended gains for fourth consecutive week and ended close to psychological

level of $100 at $99.81 after making a fresh one and a half month high of $100.17. U.S

crude inventories w/w came at -3.7M vs. -1.5M. Brent crude rose above $118 & ended the

week up at $118.57. Natural gas ended down this week at $4.384 shredding previous

week’s gains. U. S natural gas inventories w/w came at 60b vs. 67b.

TECHNICAL

WEEKLY PIVOT

SCRIPT R4 R3 R2

GOLD 1684 1656 1627

OUTLOOK

Trend:- Bullish

Resistance:- 1614,1640

Support:- 1573,1540

Strategy:- Buy on dips

ECHNICAL VIEW

GOLD

R2 R1 P S1 S2

1627 1614 1598 1585 1569

1614,1640$

1573,1540$

Buy on dips

GOLD WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

1540 1511

WEEKLY PIVOT

SCRIPT R4 R3 R2

SILVER 47.67 45.01 42.35

OUTLOOK

Trend:- Consolidate

Resistance:- 40.85,42.95

Support:- 38.80,37.75


SILVER

R2 R1 P S1 S2

42.35 41.19 39.69 38.53 37.03

Consolidate

40.85,42.95$

38.80,37.75$

Buy on dips

SILVER WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

34.37 31.71

WEEKLY PIVOT

SCRIPT R4 R3 R2

CRUDE 112.0 106.9 101.8

OUTLOOK

Trend:- Consolidate

Resistance:- 102,106.2

Support:- 94.7,90.4


CRUDE

R2 R1 P S1 S2

101.8 99.1 96.7 94.1 91.6

Consolidate

102,106.2$

,90.4$

Buy on dips

CRUDE WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

86.6 81.5

WEEKLY PIVOT

SCRIPT R4 R3 R2

NG 5.18 4.94 4.70

OUTLOOK

Trend:- Consolidate

Resistance:- 4.560,

Support:- 4.110,3.720

Strategy:- Sell on high

NATURALGAS

R2 R1 P S1 S2

4.70 4.55 4.46 4.31 4.22

Consolidate

0,4.950$

3.720$

Sell on high

NATURALGAS WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

3.98 3.74

WEEKLY PIVOT

SCRIPT R4 R3

COPPER 10482 10216 9950

OUTLOOK

Trend:- Consolidate

Resistance:- 9790,10160

Support:- 9425,8650


COPPER

R2 R1 P S1 S2

9950 9796 9684 9530 9418

Consolidate

9790,10160

9425,8650

Buy on dips

COPPER WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

9152 8886

WEEKLY PIVOT

SCRIPT R4 R3 R2

INR 45.57 45.19 44.81

OUTLOOK

Trend:- Consolidate

Resistance:- 44.80,

Support:- 44.05,4

Strategy:- Sell on high

USD/INR

R2 R1 P S1 S2

44.81 44.57 44.43 44.19 44.05

Consolidate

44.80,45.30

43.40

Sell on high

USD/INR WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

43.67 43.29



[email protected]

Phone- (0731)4295950

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. Money CapitalHeight Research Pvt. Ltd. recommends that investors independently

evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money

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 stock 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 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 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. we are not responsible for any loss incurred

whatsoever for any financial profits or loss which may arise from the recommendations above. Money CapitalHeight

Research Pvt. Ltd. does not 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.

Weekly Newsletter-commodity

Documents

Transcript of Weekly Newsletter-commodity