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Mar 10, 2016
Daily Newsletter03/09/2010
Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
LME nickel gained 3 percent Copper rose to its highest in more than four months Gold tops $1,250/oz, investors edgy before US jobs Dollar slips against all major currencies Oil rose on Wednesday, rebounding after two days of declines
Oil rose on Wednesday, rebounding after two days of declines to finish nearly 3 percent higher as strong manufacturing data from China and the United States revived risk appetite and eased worries about flagging energy demand. The U.S. dollar fell against major currencies after the upbeat manufacturing data calmed investors worried about the global economy, improving appetite for riskier assets. Gold rose on Thursday as overarching concern about growth-linked assets ahead of key U.S. jobs data sharpened investor appetite for bullion, as evidenced by a third straight increase in exchange-traded fund holdings.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Fri Sep 3
1:30pm EUR Final Services PMI 55.6 55.6 2:30pm EUR Retail Sales m/m 0.3% 0.0% 6:00pm USD Non-Farm Employment Change -101K -131K 6:00pm USD Unemployment Rate 9.6% 9.5% 6:00pm USD Average Hourly Earnings m/m 0.1% 0.2% 7:30pm USD ISM Non-Manufacturing PMI 53.6 54.3
TECHNICAL
GOLD(OCT)
COPPER(NOV)
NATURALGAS(SEP)
ZINC(SEP)
Bullish
Buy on dips
Trend
Strategy R2 -19420
R1 -19170Resistance
S1 -18930
S2 -18750support
Bullish
Buy on dips
Trend
Strategy
R2 - 371
R1 - 363Resistance
S1 - 352
S2 - 345support
Consolidate
Sell on higher
Trend
Strategy
R2 - 193
R1 - 185Resistance
S1 - 175
S2 - 167support
Consolidate
Buy on dips
Trend
Strategy
R2 - 105.7
R1 - 102.5Resistance
S1 - 99.3
S2 - 96.4support
ECHNICAL VIEW
SILVER(DEC
CRUDE(SEP)
LEAD(SEP)
NICKEL(SEP
Bullish
Buy on dips
Trend
Strategy
R2 - 31880
R1 - 31250Resistance
S1 - 30750
S2 - 30180support
Consolidate
Sell on high
Trend
Strategy R2 - 3610
R1 - 3530Resistance
S1 - 3410
S2 - 3330support
Consolidate
Buy on dips
Trend
Strategy R2 - 104.5
R1 - 102.2Resistance
S1 - 99.5
S2 - 96.8support
Consolidate
Sell on high
Trend
Strategy
R2 - 1055
R1 - 1023Resistance
S1 - 1002
S2 - 975support
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Phone- (0731)4295950
DEC)
)
NICKEL(SEP)
Buy on dips
31880
31250
30750
30180
Consolidate
Sell on high
3610
3530
3410
3330
Consolidate
Buy on dips
104.5
102.2
99.5
96.8
Consolidate
Sell on high
1055
1023
1002
975
ALUMINIUM(SEP)
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 sui
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
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 rule
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 a
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 com
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 financia
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 Ser
Consolidate
Sell on higher
Trend
Strategy
R2 - 101.5
R1 - 99.7Resistance
S1 - 98.2
S2 - 95.7support
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 sui
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
made investment advice. Capitalheight recommends that investors independently evaluate
ar 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 rule
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 Capitalhei
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 a
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
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
Phone- (0731)4295950
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
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
ar 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
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
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.
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