Stock Advisory Company | Stock Tips | Commodity Tips | Free Stock Tips

Page 1

Daily Newsletter Newsletter-Commodity 12/01/2011

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

MARKET WRAP Gold steadied on Tuesday, as a late fall in the euro The euro slipped against the dollar Copper prices climbed on Tuesday U.S. oil prices climbed above $90 per barrel Zinc, lead consolidate near recent lows

Gold steadied on Tuesday, as a late fall in the euro tempered some of the gains in the dollar price derived from safe-haven flows stemming from deepening worries over the severity of the European debt crisis. U.S. oil prices climbed above $90 per barrel on Tuesday as a key Alaskan pipeline remained shut, removing more than half a million barrels per day from U.S. markets and on strong winter demand for North Sea crude. Copper prices climbed on Tuesday on earnings season optimism and expectations of improving 2011 demand, but lingering concerns over European debt.

ECONOMIC CALENDAR Date

Time

Currency

Economic Data

Wed Jan 12

12:30am

USD

7:00pm

USD

FOMC Member Kocherlakota Speaks Import Prices m/m

7:00pm

USD

Treasury Sec Geithner Speaks

8:30pm

USD

9:00pm 11:30pm

Forecast Previous

1.3%

1.3%

IBD/TIPP Economic Optimism

47.1

45.8

USD

Crude Oil Inventories

0.4M

-4.2M

USD

FOMC Member Fisher Speaks

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

TECHNICAL VIEW GOLD(FEB) Trend Strategy

• Consolidate • Buy on dips

SILVER(MAR MAR) Trend Strategy

• Consolidate • Buy on dips

Resistance

• R2 -20890 • R1 -20580

Resistance

• R2 - 46200 • R1 - 45450

support

• S1 -20250 • S2 -20030

support

• S1 - 44100 • S2 - 43450

COPPER(FEB) Trend Strategy

• Consolidate • Buy on dips

CRUDE(JAN)) Trend Strategy

• Consolidate • Buy on dips

Resistance

• R2 - 446 • R1 - 439

Resistance

• R2 - 4230 • R1 - 4150

support

• S1 - 429 • S2 - 421

support

• S1 - 4070 • S2 - 3990

NATURALGAS(JAN) Trend Strategy

• Consolidate • Sell on high

LEAD(JAN) Trend Strategy

• Consolidate • Buy on dips

Resistance

•R2 - 213 •R1 - 205

Resistance

• R2 - 123.5 • R1 - 120.1

support

•S1 - 193 •S2 - 186

support

• S1 - 116.9 •S2 - 113.5

ZINC(JAN) Trend Strategy

• Consolidate • Sell on high

NICKEL(JAN) NICKEL(JAN Trend Strategy

• Consolidate • Sell on high

Resistance

•R2 - 113.5 •R1 - 110.2

Resistance

•R2 - 1148 •R1 - 1127

support

•S1 - 107.3 •S2 - 104.5

support

•S1 - 1098 •S2 - 1073

www.capitalheight.com


info@capitalheight.com Phone- (0731)4295950

ALUMINIUM(JAN) Trend Strategy

• Consolidate • Buy on dips

Resistance

•R2 - 115.5 •R1 - 113.1

support

•S1 - 111.3 •S2 - 108.7

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 sui them the most. Sincere efforts have been made de 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 made investment advice. Capitalheight recommends that investors independently evaluate particular investments and strategies, and en encourages courages 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 rule and regulations of MCX and NCDEX. The metals price ice 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 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 anyon 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 ible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above. Capitalheight does not purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), paid), 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


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.