MCX Tips by

Weekly Newsletter04/07/2011

Weekly Newsletter-Commodity

www.capitalheight.com

Commodity



Capitalheight.wordpress.com

[email protected]

Phone- (0731)4295950

Weekly Newsletter

Contents

Market Wrap

Technical Analysis

Gold ( Comex)

Silver ( Comex)

Crude ( Nymex)

Naturalgas ( Nymex)

Copper (Mcx)

USD/INR



[email protected]

Phone- (0731)4295950

MARKET WRAP

China PMI hits 28-month low, weighs on oil prices

Oil falls on weak China data, economic worry

U.S. consumer sentiment worsened in June

Gold fell more than 1 percent on Friday to a six-week low

Copper rises for fourth day on bright U.S. data

Gold ended down for second consecutive week shredding nearly $13 to end the week at

$1487.79 after hitting 6-month low. Gold came under pressure as dollar rebounded and

U.S crude oil fell more than $2, also, with no Greek default, investors liquidated their

positions in Gold. Silver eclipsed gold and ended down nearly $1 at 33.86.,

iShare silver trust fell 1.4 million in this quarter, biggest outflow since its launch.

Copper ended up on the back of positive economic data to end the week up at $429.20.

Copper rallied as U.S data ISM manufacturing PMI came up at 55.3 vs. 53.5 as against

expected at 51.9 whit copper upside was capped by Chinese data that showed factory

activity slowed. LME 3-month copper ended up at $9435 after making a two month high.

Though, low decline in LME inventories, copper may correct next week.

Crude oil rebounded and ended the week up on the back of positive economic data, a

rebound in Dollar and signs of better demand though its gains were capped by

disappointing Chinese factory PMI data. Crude oil added more than $4 to end the week up

at $94.70 as it took support of its 50% retracement and its support trendline drawn from

lows of 2008. IEA crude oil inventories came lower at (–) 4.4m vs. (-) 1.5m w/w.

TECHNICAL

WEEKLY PIVOT

SCRIPT R4 R3 R2

GOLD 1600 1564 1529

OUTLOOK

Trend:- Consolidate

Resistance:- 1523,

Support:- 1478,1445

Strategy:- Sell on high

ECHNICAL VIEW

GOLD

R2 R1 P S1 S2

1529 1508 1493 1472 1457

Consolidate

1523,1548$

,1445$

Sell on high

GOLD WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

1422 1386

WEEKLY PIVOT

SCRIPT R4 R3 R2

SILVER 39.42 37.65 35.88

OUTLOOK

Trend:- Consolidate

Resistance:- 35.10,37.85

Support:- 33.15,32


SILVER

R2 R1 P S1 S2

35.88 34.87 34.11 33.10 32.34

Consolidate

35.10,37.85$

32.45$

Sell on high

SILVER WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

30.57 28.80

WEEKLY PIVOT

SCRIPT R4 R3 R2

CRUDE 112.0 105.8 99.6

OUTLOOK

Trend:- Consolidate

Resistance:- 95.5,98.7

Support:- 89.7,81.3


CRUDE

R2 R1 P S1 S2

99.6 97.1 93.4 90.9 87.2

Consolidate

,98.7$

81.3$

Sell on high

CRUDE WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

81.0 74.7

WEEKLY PIVOT

SCRIPT R4 R3 R2

NG 5.00 4.77 4.54

OUTLOOK

Trend:- Consolidate

Resistance:- 4.540,

Support:- 4.110,3.720


NATURALGAS

R2 R1 P S1 S2

4.54 4.43 4.31 4.20 4.08

Consolidate

4.540,4.950$

3.720$

Sell on high

NATURALGAS WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

3.85 3.62

WEEKLY PIVOT

SCRIPT R4 R3

COPPER 478.4 458.8 439.3

OUTLOOK

Trend:- Consolidate

Resistance:- 435,446

Support:- 418,399

Strategy:- Buy on dips

COPPER

R2 R1 P S1 S2

439.3 432.6 419.7 413.0 400.2

Consolidate

435,446

418,399

Buy on dips

COPPER WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

380.6 361.1

WEEKLY PIVOT

SCRIPT R4 R3 R2

INR 46.61 45.99 45.37

OUTLOOK

Trend:- Consolidate

Resistance:- 45.30

Support:- 44.15,4

Strategy:- Buy on dips

USD/INR

R2 R1 P S1 S2

45.37 45.00 44.75 44.38 44.13

Consolidate

0,45.85

43.40

Buy on dips

USD/INR WEEKLY



[email protected]

Phone- (0731)4295950

S3 S4

43.51 42.89



[email protected]

Phone- (0731)4295950

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 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 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 and

regulations of MCX and NCDEX.

The stock 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 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 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 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), 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.

MCX Tips by

Documents

high gold weekly

high crude weekly

data gold

high silver weekly

month high

month copper

s crude oil

high crude r2 r1 p s1