commodity tips

Daily Newsletter24/01/2011

Daily Newsletter-Commodity

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MARKET WRAP

Gold prices fell for a second day on Friday

Silver prices had earlier hit a seven-week low at $27.10 an ounce

Copper bounced nearly one percent on Friday

The weak dollar on Friday

Nickel closes higher on Friday

Gold prices fell for a second day on Friday as a stronger appetite for riskier assets such

as equities and an improving economic outlook diminished safe-haven buying, more

than offsetting a weaker dollar. Copper bounced nearly one percent on Friday, snapping

a two-day slide that dragged prices to their lowest level in a month, as the dollar

weakened and on worries about more monetary tightening in top-consumer China

abated. Bullion notched a third consecutive weekly loss, its longest since July.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Mon Jan 24

1:30pm EUR French Flash Manufacturing PMI 56.8 57.2

1:30pm EUR French Flash Services PMI 55.2 54.9

2:00pm EUR German Flash Manufacturing PMI 61.1 60.7

2:00pm EUR German Flash Services PMI 59.2 59.2

2:30pm EUR Flash Manufacturing PMI 57.1 57.1

2:30pm EUR Flash Services PMI 54.2 54.2

3:30pm EUR Industrial New Orders m/m 2.3% 1.4%

TECHNICAL

GOLD(FEB)

COPPER(FEB)

NATURALGAS(JAN)

ZINC(JAN)

• Consolidate

• Sell on high

Trend

Strategy• R2 -20350

• R1 -20180Resistance

• S1 -19920

• S2 -19650support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 449

• R1 - 442Resistance

• S1 - 431

• S2 - 423support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 231

•R1 - 223Resistance

•S1 - 209

•S2 - 201support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 110.5

•R1 - 107.8Resistance

•S1 - 104.5

•S2 - 101.3support

ECHNICAL VIEW

SILVER(MAR

CRUDE(FEB)

LEAD(JAN)

NICKEL(JAN

• Consolidate

• Sell on high

Trend

Strategy

• R2 - 44100

• R1 - 43350Resistance

• S1 - 42350

• S2 - 41550support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4230

• R1 - 4150Resistance

• S1 - 4060

• S2 - 3990support

• Consolidate

• Sell on high

Trend

Strategy• R2 - 117.3

• R1 - 114.7Resistance

• S1 - 111.5

•S2 - 108.3support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 1233

•R1 - 1205Resistance

•S1 - 1175

•S2 - 1148support

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[email protected]

Phone- (0731)4295950

MAR)

)

NICKEL(JAN)

Consolidate

Sell on high

44100

43350

42350

41550

Consolidate

Buy on dips

4230

4150

4060

3990

Consolidate

Sell on high

117.3

114.7

111.5

108.3

Consolidate

Buy on dips

1233

1205

1175

1148

ALUMINIUM(JAN)

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

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. Capitalheight

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

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 wi

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 recomm

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 ris

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 sell any financial instrument.

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 - 113.2

•R1 - 110.5Resistance

•S1 - 108.3

•S2 - 105.7support

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

analysis and up on sources that we consider reliable.

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 evaluate

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 rules

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 its owners or anyone

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.

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. Capitalheight

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

ived directly or indirectly by them. If found so then Serious Legal Actions can be taken.

www.capitalheight.com

[email protected]

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

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

recommends that investors independently evaluate

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

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

endation 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.

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