Daily Newsletter25/02/2011
Daily Newsletter-Commodity
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MARKET WRAP
Gold steadies, off highest in nearly 2-months
Copper firms on U.S. data
U.S. jobless claims fall, durable goods mixed
Copper inventories in LME warehouses continue to rise
Oil touch new high above 103$
Copper firmed on Thursday after better than expected jobless data from the United
States, but concerns that higher oil prices driven by violence in Libya could slow
economic growth kept prices under pressure. Gold was flat on Thursday after sources
said Saudi Arabia was able to boost crude output, easing from its highest in nearly two
months on concerns about inflation after oil rose on unrest in oil-producer Libya.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Fri Feb 25
All Day EUR German Prelim CPI m/m 0.5% -0.4%
1:15pm EUR French Consumer Spending m/m -0.7% 0.6%
2:30pm EUR M3 Money Supply y/y 2.1% 1.7%
2:30pm EUR Private Loans y/y 2.1% 1.9%
7:00pm USD Prelim GDP q/q 3.3% 3.2%
7:00pm USD Prelim GDP Price Index q/q 0.3% 0.3%
8:25pm USD Revised UoM Consumer Sentiment
75.5 75.1
8:25pm USD Revised UoM Inflation Expectations
3.4%
TECHNICAL
GOLD(APR)
COPPER(FEB)
NATURALGAS(MAR)
ZINC(FEB)
• Bullish
• Buy on dips
Trend
Strategy• R2 -21420
• R1 -21170Resistance
• S1 -20980
• S2 -20750support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 447
• R1 - 439Resistance
• S1 - 423
• S2 - 415support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 187
•R1 - 179Resistance
•S1 - 169
•S2 - 161support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 116.5
•R1 - 113.8Resistance
•S1 - 109.3
•S2 - 107.5support
ECHNICAL VIEW
SILVER(MAR
CRUDE(MAR
) LEAD(FEB)
NICKEL(FEB
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 51850
• R1 - 50750Resistance
• S1 - 49650
• S2 - 48800support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 4690
• R1 - 4610Resistance
• S1 - 4470
• S2 - 4410support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 118.8
• R1 - 115.6Resistance
• S1 - 111.5
•S2 - 107.8support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 1327
•R1 - 1293Resistance
•S1 - 1238
•S2 - 1205support
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Phone- (0731)4295950
MAR)
CRUDE(MAR)
NICKEL(FEB)
Buy on dips
51850
50750
49650
48800
Consolidate
Buy on dips
4690
4610
4470
4410
Consolidate
Sell on high
118.8
115.6
111.5
107.8
Consolidate
Buy on dips
1327
1293
1238
1205
ALUMINIUM(FEB)
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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 tha
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
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
• Buy on dips
Trend
Strategy
•R2 - 117.5
•R1 - 115.6Resistance
•S1 - 112.2
•S2 - 109.6support
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 tha
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
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