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Daily Newsletter
      Newsletter-Commodity
18/05/2011




                     www.capitalheight.com
info@capitalheight.com
                                                                           Phone- (0731)4295950



                         MARKET WRAP
          Gold does U-turn, slides as dollar firms
          Copper fell on Tuesday
          Aluminium stocks hit new record high
          LME copper stocks grew by 500 tonnes
          Oil dips on worries over world growth


Gold reversed course on Tuesday to fall after a rally in the dollar exacerbated a sell-off
in the already-fragile commodity complex and offset the positive impact on bullion of the
concern over the euro zone debt crisis. The dollar rose to session highs against the
euro, drawing strength from a decline in equities and commodities. Copper fell on
Tuesday along with a drop across the commodities complex as weak U.S. data and a
rising dollar against a basket of currencies weighed on markets. Oil prices slid more
than 2 percent on Tuesday as the dollar strengthened and weak economic data fueled
concerns about demand that have helped push prices down by around 15 percent so far
in May.



                   ECONOMIC CALENDAR
 Date       Time      Currency            Economic Data             Forecast Previous

 Wed       8:00pm       USD        Crude Oil Inventories              1.4M         3.8M
May 18
           11:00pm      USD        FOMC Member Fisher Speaks
           11:30pm      USD        FOMC Meeting Minutes




                                                                             www.capitalheight.com
info@capitalheight.com
                                                            Phone- (0731)4295950



                         TECHNICAL VIEW
             GOLD(JUNE)                        SILVER(JULY
                                                      JULY)

  Trend         • Consolidate      Trend          • Consolidate
                • Buy on dips     Strategy        • Sell on high
 Strategy
                • R2 -22250                       • R2 - 55500
Resistance                        Resistance
                • R1 -22090                       • R1 - 53350
                • S1 -21720                       • S1 - 50750
 support                           support
                • S2 -21450                       • S2 - 48800


             COPPER(JUNE)                      CRUDE(MAY
                                                     MAY)

  Trend         • Consolidate      Trend          • Consolidate
Strategy        • Sell on high                    • Buy on dips
                                  Strategy
                • R2 - 415                        • R2 - 4485
Resistance                       Resistance
                • R1 - 407                        • R1 - 4390
                • S1 - 393                        • S1 - 4270
 support                          support
                • S2 - 385                        • S2 - 4190


          NATURALGAS(MAY)
                        )                      LEAD(MAY
                                                    MAY)

  Trend         • Consolidate       Trend         • Bearish
 Strategy       • Sell on high    Strategy        • Sell on high
                •R2 - 203                         • R2 - 108.5
Resistance                        Resistance
                •R1 - 195                         • R1 - 106.7
                •S1 - 187                         • S1 - 102.8
 support                           support
                •S2 - 179                         •S2 - 99.5


             ZINC(MAY)                         NICKEL(MAY
                                                      MAY)

  Trend         • Bearish          Trend          • Consolidate
 Strategy       • Sell on high    Strategy        • Sell on high
                •R2 - 101.5                       •R2 - 1164
Resistance                        Resistance
                •R1 - 97.3                        •R1 - 1125
                •S1 - 94.2                        •S1 - 1083
 support                           support
                •S2 - 91.8                        •S2 - 1048


                                                                www.capitalheight.com
info@capitalheight.com
                                                                                                           Phone- (0731)4295950



          ALUMINIUM(MAY)

     Trend             • Consolidate
   Strategy            • Sell on high
                       •R2 - 117.5
   Resistance
                       •R1 - 115.8
                       •S1 - 112.3
    support
                       •S2 - 109.5




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

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 shal
                                                                                                                         shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules
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 change wi
                                                      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 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 own ris
                                                      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 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
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.
             ived




                                                                                                             www.capitalheight.com

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Mcx tips

  • 1. Daily Newsletter Newsletter-Commodity 18/05/2011 www.capitalheight.com
  • 2. info@capitalheight.com Phone- (0731)4295950 MARKET WRAP Gold does U-turn, slides as dollar firms Copper fell on Tuesday Aluminium stocks hit new record high LME copper stocks grew by 500 tonnes Oil dips on worries over world growth Gold reversed course on Tuesday to fall after a rally in the dollar exacerbated a sell-off in the already-fragile commodity complex and offset the positive impact on bullion of the concern over the euro zone debt crisis. The dollar rose to session highs against the euro, drawing strength from a decline in equities and commodities. Copper fell on Tuesday along with a drop across the commodities complex as weak U.S. data and a rising dollar against a basket of currencies weighed on markets. Oil prices slid more than 2 percent on Tuesday as the dollar strengthened and weak economic data fueled concerns about demand that have helped push prices down by around 15 percent so far in May. ECONOMIC CALENDAR Date Time Currency Economic Data Forecast Previous Wed 8:00pm USD Crude Oil Inventories 1.4M 3.8M May 18 11:00pm USD FOMC Member Fisher Speaks 11:30pm USD FOMC Meeting Minutes www.capitalheight.com
  • 3. info@capitalheight.com Phone- (0731)4295950 TECHNICAL VIEW GOLD(JUNE) SILVER(JULY JULY) Trend • Consolidate Trend • Consolidate • Buy on dips Strategy • Sell on high Strategy • R2 -22250 • R2 - 55500 Resistance Resistance • R1 -22090 • R1 - 53350 • S1 -21720 • S1 - 50750 support support • S2 -21450 • S2 - 48800 COPPER(JUNE) CRUDE(MAY MAY) Trend • Consolidate Trend • Consolidate Strategy • Sell on high • Buy on dips Strategy • R2 - 415 • R2 - 4485 Resistance Resistance • R1 - 407 • R1 - 4390 • S1 - 393 • S1 - 4270 support support • S2 - 385 • S2 - 4190 NATURALGAS(MAY) ) LEAD(MAY MAY) Trend • Consolidate Trend • Bearish Strategy • Sell on high Strategy • Sell on high •R2 - 203 • R2 - 108.5 Resistance Resistance •R1 - 195 • R1 - 106.7 •S1 - 187 • S1 - 102.8 support support •S2 - 179 •S2 - 99.5 ZINC(MAY) NICKEL(MAY MAY) Trend • Bearish Trend • Consolidate Strategy • Sell on high Strategy • Sell on high •R2 - 101.5 •R2 - 1164 Resistance Resistance •R1 - 97.3 •R1 - 1125 •S1 - 94.2 •S1 - 1083 support support •S2 - 91.8 •S2 - 1048 www.capitalheight.com
  • 4. info@capitalheight.com Phone- (0731)4295950 ALUMINIUM(MAY) Trend • Consolidate Strategy • Sell on high •R2 - 117.5 Resistance •R1 - 115.8 •S1 - 112.3 support •S2 - 109.5 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 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 shal shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules 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 change wi 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 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 own ris 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 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 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. ived www.capitalheight.com