2. info@capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Spot gold was firmer on Friday
Silver consolidate near 30-year peak
Oil tops $79 after US jobless
Aluminum gained almost 19 percent this quarter
Copper dips on China move
Copper prices closed on Thursday with their biggest quarterly gain since the third
quarter of 2009 -- more than 20 percent -- driven by an increasingly optimistic outlook
for the global economy and prospects of a tighter market balance in 2011. Spot gold
was firmer on friday, after hitting a fresh record on Friday, fuelled by anticipation of
further monetary policy easing from the U.S. and a weaker dollar. U.S. crude futures
stood steady above $81, near their highest levels in almost two months on Friday,
helped as the dollar stayed near a six-month low against the euro.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Mon 5:20am JPY Monetary Base y/y 5.8% 5.4%
Oct 4
7:00am JPY Average Cash Earnings y/y 0.8% 1.4%
2:00pm EUR Sentix Investor Confidence 8.3 7.6
2:30pm EUR PPI m/m 0.2% 0.2%
7:30pm USD Pending Home Sales m/m 2.8% 5.2%
7:30pm USD Factory Orders m/m -0.3% 0.1%
www.capitalheight.com
4. info@capitalheight.com
Phone- (0731)4295950
ALUMINIUM(OCT)
Trend • Consolidate
Strategy • Buy on dips
•R2 - 107.8
Resistance
•R1 - 105.5
•S1 - 103.5
support
•S2 - 100.7
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
suits
them the most.
Sincere efforts have been made to present the right investment perspective. The information contained herein is based on
de
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
provide individually tailor-made investment advice. Capitalheight recommends that investors independently evaluate
made
particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall
encourages
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rule
rules
and regulations of MCX and NCDEX.
The metals price projections shown are not necessarily indicative of future price performance. The information herein,
ice
together with all estimates and forecasts, can change without notice. Analyst or any person related to 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 anyon
anyone
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 completeness thereof. we are not responsible for any loss incurred
ible
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
paid),
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