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Daily Newsletter22/08/2011
Daily Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
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Phone- (0731)4295950
MARKET WRAP
Gold rises to record amid fears on recession
Oil recovers sharply after touching 79$
U.S. crude down 13 percent in August
Copper sustained after gold rally
Aluminium hitting its lowest level since late December
Claims for unemployment benefits rose more than expected last week
Gold rose to a record above $1,880 an ounce in New York, rallying for the seventh
straight week, as concern that the global economy is slowing drove equities lower. The
metal had its longest run of weekly gains since April 2007 as worse-than-expected U.S.
economic data and Europe’s debt crisis boost speculation that growth will falter. Crude oil
fell, capping a fourth weekly decline, on concern that slower global economic growth will
reduce fuel demand. Brent oil traded at a record premium to the U.S. contract. Prices fell
3.7 percent this week and are down 10 percent this year. U.S. initial jobless claims
climbed by 9,000 to 408,000 in the week ended Aug. 13. Copper futures for December
delivery rose 2.25 cents, or 0.6 percent, to $4.0085 a pound on the Comex
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Mon Aug 22
7:30pm USD Mortgage Delinquencies 8.32%
TECHNICAL
GOLD(OCT)
COPPER(AUG)
NATURALGAS(AUG
ZINC(AUG)
• Bullish
• Buy on dips
Trend
Strategy• R2 - 28500
• R1 - 28180Resistance
• S1 - 27340
• S2 - 26930support
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 417
• R1 - 408Resistance
• S1 - 397
• S2 - 385support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 195
•R1 - 187Resistance
•S1 -175
•S2 -167support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 103.5
•R1 - 100.7Resistance
•S1 - 96.8
•S2 - 93.5support
info@capitalheight.com
Phone
ECHNICAL VIEW
SILVER(SEP
) CRUDE(SEP
AUG) LEAD(AUG
NICKEL(
Buy on dips
28500
28180
27340
26930
• Bullish
• Buy on dips
Trend
Strategy
• R2
• R1 Resistance
• S1 -
• S2 -support
Consolidate
Sell on high• 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
www.capitalheight.com
info@capitalheight.com
Phone- (0731)4295950
SEP)
SEP)
AUG)
AUG)
Bullish
Buy on dips
R2 - 68300
R1 - 66800
- 64250
- 62800
Consolidate
Buy on dips
- 3965
- 3870
3710
3620
Consolidate
Sell on high
R2 - 111.5
R1 - 107.8
- 103.8
- 100.5
Consolidate
Sell on high
- 1033
- 997
938
905
ALUMINIUM(AUG
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
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 responsib
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
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
• Sell on high
Trend
Strategy
•R2 - 110.5
•R1 - 107.6Resistance
•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 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.
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 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
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
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
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
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
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
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
le 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
might be holding positions in the stocks recommended. It is understood that anyone who is browsing
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
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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