MCX Tips By

Daily Newsletter31/01/2011

Daily Newsletter-Commodity

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www.capitalheight.com

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Phone- (0731)4295950

MARKET WRAP

Gold posted its biggest gains in eight weeks on Friday

Spot silver rose 3.5 percent to $27.98 an ounce.

Dollar index rose 0.5 percent

Copper ends up near record

Crude oil trading around 89$

Nickel slips sharply after hitting record high

Gold posted its biggest gains in eight weeks on Friday, gaining nearly 2 percent as the

prospect of unrest in Egypt spreading across the Middle East fueled a rush of safe-

haven buying in the financial markets. The nearly $40-an-ounce jump in active trading

revived investor interest in bullion, which is still set for its first monthly decline in half a

year . Copper prices closed 1.5 percent away from its record high on Friday, after data

showing the U.S. economic expansion picked up in the fourth quarter reaffirmed robust

global demand prospects for the industrial metal. Lead prices are expected to outshine

zinc <CMZN0> this year as the galvanizing metal continues to struggle with vast stocks

and another year of surplus.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Mon Jan 31

7:00pm USD Core PCE Price Index m/m 0.1% 0.1%

7:00pm USD Personal Spending m/m 0.6% 0.4%

7:00pm USD Personal Income m/m 0.5% 0.3%

8:15pm USD Chicago PMI 65.5 66.8

TECHNICAL

GOLD(FEB)

COPPER(FEB)

NATURALGAS(FEB)

ZINC(JAN)

• Consolidate

• Sell on high

Trend

Strategy• R2 -20230

• R1 -20080Resistance

• S1 -19820

• S2 -195300support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 455

• R1 - 447Resistance

• S1 - 437

• S2 - 429support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 215

•R1 - 206Resistance

•S1 - 197

•S2 - 190support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 110.2

•R1 - 107.4Resistance

•S1 - 104.5

•S2 - 100.8support

ECHNICAL VIEW

SILVER(MAR

CRUDE(FEB)

LEAD(JAN)

NICKEL(JAN

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 44300

• R1 - 43550Resistance

• S1 - 42350

• S2 - 41380support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4250

• R1 - 4170Resistance

• S1 - 4040

• S2 - 3990support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 119.5

• R1 - 116.3Resistance

• S1 - 113.3

•S2 - 110.2support

• Bullish

• Buy on dips

Trend

Strategy

•R2 - 1265

•R1 - 1233Resistance

•S1 - 1197

•S2 - 1173support

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[email protected]

Phone- (0731)4295950

MAR)

)

NICKEL(JAN)

Consolidate

Buy on dips

44300

43550

42350

41380

Consolidate

Buy on dips

4250

4170

4040

3990

Consolidate

Buy on dips

119.5

116.3

113.3

110.2

Buy on dips

1265

1233

1197

1173

ALUMINIUM(JAN)

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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 shal

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 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

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.

whatsoever for any financial profits or loss which may arise from the reco

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 Inf

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 - 115.7

•R1 - 113.5Resistance

•S1 - 110.8

•S2 - 107.6support

The information and views in this report, our website & all the service we provide are believed to be reliable, but we do not

(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

n 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

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

ransaction 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,

ther 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

l 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.

tment 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

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.

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

(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

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 shall

ransaction 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,

Capitalheight might be

holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at

l 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.

we are not responsible for any loss incurred

Capitalheight does not

Our Clients (Paid Or Unpaid), Any third party or

ormation Provided by us to/with anyone