2. info@capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Gold hits record near $1,500/oz
Silver hits another high above 43.40$
Copper fell to a one-month low on Monday
LME copper stocks last up 1,350 tonnes
Gold prices rallied to record highs near $1,500 an ounce on Monday after rating agency
Standard & Poor's cut its outlook for the United States to negative from stable, boosting
safe-haven flows into the metal. Copper extended its losses on Monday, on track for its
sixth straight fall, after rating agency Standard & Poor's revised its outlook on the United
States, the world's largest economy, to negative.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Tue 12:30pm EUR French Flash Manufacturing PMI 55.2 55.4
Apr 19
12:30pm EUR French Flash Services PMI 60.1 60.4
1:00pm EUR German Flash Manufacturing 60.1 60.9
PMI
1:00pm EUR German Flash Services PMI 59.9 60.1
1:30pm EUR Current Account -2.3B -0.7B
1:30pm EUR Flash Manufacturing PMI 57.2 57.5
1:30pm EUR Flash Services PMI 57.0 57.2
6:00pm USD Building Permits 0.55M 0.52M
6:00pm USD Housing Starts 0.53M 0.48M
7:30pm EUR Consumer Confidence -10 -11
www.capitalheight.com
3. info@capitalheight.com
Phone- (0731)4295950
TECHNICAL VIEW
GOLD(JUNE) SILVER(MAY
MAY)
Trend • Bullish Trend • Bullish
• Buy on dips Strategy • Buy on dips
Strategy
• R2 -22180 • R2 - 65850
Resistance Resistance
• R1 -21970 • R1 - 64550
• S1 -21680 • S1 - 62150
support support
• S2 -21450 • S2 - 61100
COPPER(APR) CRUDE(APR)
)
Trend • Consolidate Trend • Bullish
Strategy • Sell on high • Buy on dips
Strategy
• R2 - 431 • R2 - 4860
Resistance Resistance
• R1 - 423 • R1 - 4795
• S1 - 408 • S1 - 4685
support support
• S2 - 397 • S2 - 4610
NATURALGAS(APR) LEAD(APR)
)
Trend • Consolidate Trend • Consolidate
Strategy • Sell on high Strategy • Sell on high
•R2 - 199 • R2 - 120.5
Resistance Resistance
•R1 - 191 • R1 - 117.8
•S1 - 179 • S1 - 114.8
support support
•S2 - 171 •S2 - 111.5
ZINC(APR) NICKEL(APR
R)
Trend • Consolidate Trend • Consolidate
Strategy • Sell on high Strategy • Sell on high
•R2 - 108.2 •R2 - 1185
Resistance Resistance
•R1 - 105.5 •R1 - 1157
•S1 - 102.3 •S1 - 1118
support support
•S2 - 99.5 •S2 - 1073
www.capitalheight.com
4. info@capitalheight.com
Phone- (0731)4295950
ALUMINIUM(APR)
Trend • Consolidate
Strategy • Buy on dips
•R2 - 121.5
Resistance
•R1 - 119.3
•S1 - 117.3
support
•S2 - 114.8
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 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
rial
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
made Capitalheight
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shal
shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules
given
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 chan without notice. Analyst or any person related to Capitalheight might be
change
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
recommendation
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 ow risks.
own
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 does not
purport to be an invitation or an offer to buy or sell any financial instrument. Our Clients (Paid Or Unpaid), Any third party or
rt
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
