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CapitalHeight is a Financial advisory company provides online trading,NSE,BSE,MCX,NCDEX & intraday tips.We provide free commodity tips for commodity market.
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Daily Newsletter02/11/2010
Daily Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Gold retreats as dollar recovers
Silver breaks through $25/oz for first time since 1980
Oil jumped almost 3 percent towards $84
Copper rallies on strong U.S., China data
Dollar index falls ahead of FOMC meeting
Gold eased in Europe on Monday as the dollar firmed, but remained supported after
three consecutive months of gains by expectations the Federal Reserve will unveil
further U.S. quantitative easing at a meeting on Nov. 2-3. The dollar gained against the
euro and yen and rose 0.1 percent against a basket of currencies . Oil jumped almost 3
percent towards $84 a barrel on Monday after Saudi Arabia's oil minister said
consumers were looking for prices between $70 and $90, a higher range than
previously targeted. Copper rose by more than 2 percent on Monday after U.S. and
Chinese manufacturing data boosted demand prospects and was also supported by a
backdrop of dollar weakness and increasing market tightness.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Tue Nov 2
2:30pm EUR Final Manufacturing PMI 54.1 54.1
2nd-8th GBP Halifax HPI m/m 0.4% -3.6%
3:00pm GBP Construction PMI 53.1 53.8
All Day USD Congressional Elections
TECHNICAL
GOLD(DEC)
COPPER(NOV)
NATURALGAS(NOV)
ZINC(NOV)
• Consolidate
• Buy on dips
Trend
Strategy• R2 -20050
• R1 -19820Resistance
• S1 -19630
• S2 -19450support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 384
• R1 - 377Resistance
• S1 - 368
• S2 - 361support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 189
•R1 - 181Resistance
•S1 - 171
•S2 - 163support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 113.5
•R1 - 110.2Resistance
•S1 - 107.2
•S2 - 104.5support
ECHNICAL VIEW
SILVER(DEC
CRUDE(NOV
) LEAD(NOV
NICKEL(NOV
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 37850
• R1 - 37200Resistance
• S1 - 36550
• S2 - 35880support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 3850
• R1 - 3770Resistance
• S1 - 3670
• S2 - 3590support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 113.5
• R1 - 111.7Resistance
• S1 - 108.5
•S2 - 105.7support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 1075
•R1 - 1051Resistance
•S1 - 1015
•S2 - 978support
www.capitalheight.com
Phone- (0731)4295950
DEC)
CRUDE(NOV)
)
NICKEL(NOV)
Buy on dips
37850
37200
36550
35880
Consolidate
Buy on dips
3850
3770
3670
3590
Consolidate
Sell on high
113.5
111.7
108.5
105.7
Consolidate
Sell on high
1075
1051
1015
978
ALUMINIUM(NOV)
Disclaimer
The information and views in this report, our website & all the service
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 invest
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
provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate
particular investments and strategies, and encourages investors to seek th
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
together with all estimates and forecasts, can change without notice. Analyst or any person related to
holding positions in the stocks recommended. It is un
his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyon
can be held responsible for . Any surfing and reading of
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 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
• Sell on high
Trend
Strategy
•R2 - 108.5
•R1 - 106.8Resistance
•S1 - 103.7
•S2 - 100.3support
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
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
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
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 anyon
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
atsoever 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
one 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
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
ment perspective. The information contained herein is based on
only factor, while making investment decision. The report does not
made investment advice. Capitalheight recommends that investors independently evaluate
e 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
necessarily indicative of future price performance. The information herein,
Capitalheight might be
derstood 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
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
one else have no rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone
