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Daily Newsletter30/11/2010
Daily Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Gold steady, eyes on Europe debt woes
Euro remains under pressure as crisis worries
Copper is expected to open lower on Tuesday
U.S Crude steady after jump on cold weather on Monday
Oil was steady near $86 on Tuesday after rising more than 2 percent a day earlier, led
by futures of heating fuels including gas oil, as cold weather gripped northern Europe.
Spot gold was steady on Tuesday, supported by continued worries about the fiscal
health of euro zone nations. Copper is expected to open lower on Tuesday after London
futures failed to hold on to gains seen in Asian trading due to pressure from a weak
euro amid persistent worries about Europe's debt problems.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Tue Nov 30
2:25pm EUR German Unemployment Change -19K -3K
3:30pm EUR Unemployment Rate 10.1% 10.1%
3:30pm EUR Italian Prelim CPI m/m 0.1% 0.2%
4:30pm EUR Italian Monthly Unemployment Rate
8.3% 8.3%
7:30pm USD S&P/CS Composite-20 HPI y/y 1.2% 1.7%
8:15pm USD Chicago PMI 60.1 60.6
8:30pm USD CB Consumer Confidence 52.7 50.2
9:00pm EUR ECB President Trichet Speaks
TECHNICAL
GOLD(DEC)
COPPER(NOV)
NATURALGAS(DEC)
ZINC(NOV)
• Consolidate
• Buy on dips
Trend
Strategy• R2 -20650
• R1 -20450Resistance
• S1 -20220
• S2 -20050support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 391
• R1 - 383Resistance
• S1 - 373
• S2 - 364support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 207
•R1 - 198Resistance
•S1 - 189
•S2 - 181support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 99.5
•R1 - 97.1Resistance
•S1 - 94.3
•S2 - 91.5support
ECHNICAL VIEW
SILVER(DEC
CRUDE(DEC)
LEAD(NOV
NICKEL(NOV
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 42750
• R1 - 41950Resistance
• S1 - 40850
• S2 - 39750support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 4050
• R1 - 3980Resistance
• S1 - 3870
• S2 - 3810support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 105.5
• R1 - 102.7Resistance
• S1 - 99.3
•S2 - 96.5support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 1065
•R1 - 1047Resistance
•S1 - 1013
•S2 - 978support
www.capitalheight.com
Phone- (0731)4295950
DEC)
)
)
NICKEL(NOV)
Consolidate
Buy on dips
42750
41950
40850
39750
Consolidate
Buy on dips
4050
3980
3870
3810
Consolidate
Buy on dips
105.5
102.7
99.3
96.5
Consolidate
Sell on high
1065
1047
1013
978
ALUMINIUM(NOV)
Disclaimer
The information and views in this report, our website & all the service we provide are believed to be reliable,
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 contain
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 decis
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. Capitalhe
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 pe
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 throu
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
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
purport to be an invitation or an offer to buy or sell any financial instrument.
anyone else have no rights to forward or shar
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 - 106.7
•R1 - 103.8Resistance
•S1 - 101.7
•S2 - 99.5support
The information and views in this report, our website & all the service we provide are believed to be reliable,
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 contain
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. Capitalhe
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
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
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
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
ion. 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 rules
rformance. The information herein,
Capitalheight might be
gh 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
disclaimer.
we are not responsible for any loss incurred
Capitalheight does not
Our Clients (Paid Or Unpaid), Any third party or
e our calls or SMS or Report or Any Information Provided by us to/with anyone
