View
215
Download
0
Tags:
Embed Size (px)
DESCRIPTION
CapitalHeight is a stock advisory company provides stock tips, commodity tips, mcx tips, equity tips, free stock tips, intraday tips and ncdex tips. We provide services in both equity and commodity market. http://www.capitalheight.com http://capitalheight.wordpress.com/ http://capitalheightfinancialservices.blogspot.com/ 9993066624
Citation preview
Daily Newsletter23/02/2011
Daily Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Copper down as Libya tensions
Euro cuts losses against dollar
U.S. consumer confidence at 3-yr high
Gold steadied above $1,400 an ounce on Tuesday
US crude at 2-1/2 year high
Base metals fell on Tuesday, with copper at a three-week low as worries about unrest in
North Africa and the Middle East knocked risk appetite and a higher dollar deterred non-
U.S. investors. The euro extended gains against the dollar as hawkish comments from
European Central Bank officials increased euro zone rate hike expectations. Gold
steadied above $1,400 an ounce on Tuesday as violence in North Africa fuelled interest
in the metal as a haven from risk, though its rise was limited as some investors cashed
in some of the previous session's gains. U.S. crude oil reached a 2-1/2 year high on
Tuesday on concerns the revolt in Libya could spread to other major oil producers
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Wed Feb 23
12:00pm EUR French CPI m/m -0.1% 0.5%
3:30pm EUR Industrial New Orders m/m -0.8% 2.1%
8:30pm USD Existing Home Sales 5.27M 5.28M
10:30pm EUR ECB President Trichet Speaks
10:45pm EUR Buba President Weber Speaks
TECHNICAL
GOLD(APR)
COPPER(FEB)
NATURALGAS(FEB)
ZINC(FEB)
• Consolidate
• Buy on dips
Trend
Strategy• R2 -21120
• R1 -20860Resistance
• S1 -20580
• S2 -20250support
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 451
• R1 - 443Resistance
• S1 - 429
• S2 - 421support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 187
•R1 - 179Resistance
•S1 - 169
•S2 - 161support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 116.5
•R1 - 113.8Resistance
•S1 - 110.8
•S2 - 117.5support
ECHNICAL VIEW
SILVER(MAR
CRUDE(MAR
LEAD(FEB)
NICKEL(FEB
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 50850
• R1 - 49950Resistance
• S1 - 48350
• S2 - 47500support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 4460
• R1 - 4370Resistance
• S1 - 4250
• S2 - 4170support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 120.8
• R1 - 118.3Resistance
• S1 - 115.5
•S2 - 111.8support
• Bullish
• Buy on dips
Trend
Strategy
•R2 - 1355
•R1 - 1328Resistance
•S1 - 1287
•S2 - 1265support
www.capitalheight.com
Phone- (0731)4295950
MAR)
CRUDE(MAR)
NICKEL(FEB)
Buy on dips
50850
49950
48350
47500
Consolidate
Buy on dips
4460
4370
4250
4170
Consolidate
Sell on high
120.8
118.3
115.5
111.8
Buy on dips
1355
1328
1287
1265
ALUMINIUM(FEB)
Disclaimer
The information and views in this report, our website & all the service we provide are
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 perspectiv
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, whi
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 fi
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 ind
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 an
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
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 - 116.5
•R1 - 114.3Resistance
•S1 - 112.2
•S2 - 108.6support
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
ny 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
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
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
e. The information contained herein is based on
le making investment decision. The report does not
made investment advice. Capitalheight recommends that investors independently evaluate
nancial adviser. Capitalheight shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules
icative of future price performance. The information herein,
Capitalheight might be
yone 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
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
rights to forward or share our calls or SMS or Report or Any Information Provided by us to/with anyone