Daily Newsletter26/07/2011
Daily Newsletter-Commodity
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MARKET WRAP
The euro recovered against the dollar
Gold at record on US debt fear
Moody's cut Greece's credit rating further
Copper ended down by less than half a percent on Monday
Oil falls as U.S. debt deal remains elusive
U.S. stocks dipped
Gold hit record highs on Monday on the political impasse over a U.S. debt deal, while
other commodities fell broadly as investors reappraised risk in the event the United States
faces a disastrous credit default. Copper ended down by less than half a percent on
Monday, limited in its range by concerns over stalled U.S. debt deal talks and escalating
supply troubles at the world's largest copper mine. Oil prices fell on Monday as the
inability of the U.S. Congress to reach agreement on raising the government debt limit
kept investors wary of risky assets and concerned about the global economy.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Tue Jul 26
11:30am EUR GfK German Consumer Climate 5.6 5.7
6:30pm USD S&P/CS Composite-20 HPI y/y -4.6% -4.0%
7:30pm USD CB Consumer Confidence 57.1 58.5
7:30pm USD New Home Sales 321K 319K
7:30pm USD Richmond Manufacturing Index 5 3
TECHNICAL
GOLD(AUG)
COPPER(AUG)
NATURALGAS(AUG
ZINC(JULY)
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 23550
• R1 - 23340Resistance
• S1 - 23050
• S2 - 22870support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 452
• R1 - 441Resistance
• S1 - 429
• S2 - 421support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 209
•R1 - 201Resistance
•S1 - 191
•S2 - 183support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 112.5
•R1 - 109.6Resistance
•S1 - 107.3
•S2 - 104.5support
Phone
ECHNICAL VIEW
SILVER(SEP
) CRUDE(AUG
AUG) LEAD(JULY
NICKEL(
Consolidate
Buy on dips
23550
23340
23050
22870
• 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
Buy on dips
• Consolidate
• Buy on dips
Trend
Strategy• R2
• R1 Resistance
• S1
•S2 support
Consolidate
Buy on dips
112.5
109.6
• Consolidate
• Buy on dips
Trend
Strategy
•R2 -
•R1 -Resistance
•S1 -
•S2 -support
www.capitalheight.com
Phone- (0731)4295950
SEP)
AUG)
JULY)
JULY)
Consolidate
Buy on dips
R2 - 62200
R1 - 60350
- 58370
- 57200
Consolidate
Buy on dips
- 4560
- 4480
4370
4285
Consolidate
Buy on dips
R2 - 124.5
R1 - 121.2
- 117.8
- 115.5
Consolidate
Buy on dips
- 1105
- 1078
1053
1015
ALUMINIUM(JULY
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
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.
evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser.
Capitalheight Research Pvt. Ltd. shall not be responsible for
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 the
site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the acceptance o
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.
Research Pvt. Ltd. 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
taken.
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 118.5
•R1 - 115.7Resistance
•S1 - 112.5
•S2 - 110.8support
Phone
JULY)
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
analysis and up on sources that we consider reliable.
ormation 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 adviser.
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
might be holding positions in the stocks recommended. It is understood that anyone who is browsing
te 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 o
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
nyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be
Consolidate
Buy on dips
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
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
The information given herein should be treated as only factor, while making investment decision. The 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
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
might be holding positions in the stocks recommended. It is understood that anyone who is browsing
te 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
we are not responsible for any loss incurred
whatsoever for any financial profits or loss which may arise from the recommendations above. Money Capitalheight
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
nyone which is received directly or indirectly by them. If found so then Serious Legal Actions can be
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