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Daily Newsletter
      Newsletter-Commodity
24/06/2011




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



                         MARKET WRAP
         Gold tumbles 2 pct as dollar surges
         The euro fell 1.0 percent against the dollar
         U.S. jobless claims rise more than expected
         Oil dives to lowest since Feb
         Copper falls on dollar, growth concerns

Gold was set for its biggest daily fall in over a month on Thursday after a surprisingly
large rise in weekly U.S. jobless claims hit investor risk appetite, pummelling commodities
and stocks and boosting the dollar. Copper fell on Thursday on a stronger dollar and
concerns about demand in the United States after the Federal Reserve cut its forecasts
for economic growth in the world's largest economy.




                   ECONOMIC CALENDAR
 Date      Time      Currency             Economic Data              Forecast Previous

  Fri     1:30pm        EUR      German Ifo Business Climate           113.6        114.2
Jun 24
          1:30pm        EUR      Italian Retail Sales m/m              -0.1%        -0.2%
           Day 2        EUR      EU Economic Summit
          6:00pm        USD      Core Durable Goods Orders m/m         1.0%         -1.6%
          6:00pm        USD      Durable Goods Orders m/m              1.6%         -3.6%
          6:00pm        USD      Final GDP q/q                         1.9%          1.8%
          6:00pm        USD      Final GDP Price Index q/q             1.9%          1.9%




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



                             TECHNICAL VIEW
             GOLD(AUG)                              SILVER(JULY
                                                           JULY)

  Trend         • Consolidate          Trend           • Consolidate
                • Buy on dips         Strategy         • Buy on dips
 Strategy
                • R2 - 22770                           • R2 - 54800
Resistance                            Resistance
                • R1 - 22550                           • R1 - 53750
                • S1 - 22280                           • S1 - 52250
 support                               support
                • S2 - 22050                           • S2 - 50780


             COPPER(JUNE)                          CRUDE(JULY)

  Trend         • Consolidate          Trend          • Consolidate
Strategy        • Buy on dips                         • Sell on high
                                     Strategy
                • R2 - 418                            • R2 - 4270
Resistance                           Resistance
                • R1 - 409                            • R1 - 4180
                • S1 - 399                            • S1 - 4050
 support                              support
                • S2 - 391                            • S2 - 3970


          NATURALGAS(JUNE)                          LEAD(JUNE)

  Trend         • Consolidate          Trend           • Consolidate
 Strategy       • Sell on high        Strategy         • Sell on high
                •R2 - 203                              • R2 - 117.5
Resistance                            Resistance
                •R1 - 196                              • R1 - 114.8
                •S1 - 185                              • S1 - 111.8
 support                               support
                •S2 - 178                              •S2 - 107.5


             ZINC(JUNE)                             NICKEL(JUNE
                                                           JUNE)

  Trend         • Consolidate          Trend          • Consolidate
 Strategy       • Sell on high        Strategy        • Sell on high
                •R2 - 102.8                           •R2 - 1045
Resistance                           Resistance
                •R1 - 100.8                           •R1 - 1017
                •S1 - 98.3                            •S1 - 977
 support                               support
                •S2 - 95.8                            •S2 - 945


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



          ALUMINIUM(JUNE)

     Trend             • Consolidate
   Strategy            • Sell on high
                       •R2 - 116.8
   Resistance
                       •R1 - 113.5
                       •S1 - 111.3
    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 sui them
                                                                                                                          suits
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 responsib
                                                                       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 particular
                    made
investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall not be
      ments
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 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 c   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
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 instrum
                                                                     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 Lega Actions can be taken.
                                                                           Legal




                                                                                                              www.capitalheight.com

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Mcx tips

  • 1. Daily Newsletter Newsletter-Commodity 24/06/2011 www.capitalheight.com
  • 2. info@capitalheight.com Phone- (0731)4295950 MARKET WRAP Gold tumbles 2 pct as dollar surges The euro fell 1.0 percent against the dollar U.S. jobless claims rise more than expected Oil dives to lowest since Feb Copper falls on dollar, growth concerns Gold was set for its biggest daily fall in over a month on Thursday after a surprisingly large rise in weekly U.S. jobless claims hit investor risk appetite, pummelling commodities and stocks and boosting the dollar. Copper fell on Thursday on a stronger dollar and concerns about demand in the United States after the Federal Reserve cut its forecasts for economic growth in the world's largest economy. ECONOMIC CALENDAR Date Time Currency Economic Data Forecast Previous Fri 1:30pm EUR German Ifo Business Climate 113.6 114.2 Jun 24 1:30pm EUR Italian Retail Sales m/m -0.1% -0.2% Day 2 EUR EU Economic Summit 6:00pm USD Core Durable Goods Orders m/m 1.0% -1.6% 6:00pm USD Durable Goods Orders m/m 1.6% -3.6% 6:00pm USD Final GDP q/q 1.9% 1.8% 6:00pm USD Final GDP Price Index q/q 1.9% 1.9% www.capitalheight.com
  • 3. info@capitalheight.com Phone- (0731)4295950 Phone TECHNICAL VIEW GOLD(AUG) SILVER(JULY JULY) Trend • Consolidate Trend • Consolidate • Buy on dips Strategy • Buy on dips Strategy • R2 - 22770 • R2 - 54800 Resistance Resistance • R1 - 22550 • R1 - 53750 • S1 - 22280 • S1 - 52250 support support • S2 - 22050 • S2 - 50780 COPPER(JUNE) CRUDE(JULY) Trend • Consolidate Trend • Consolidate Strategy • Buy on dips • Sell on high Strategy • R2 - 418 • R2 - 4270 Resistance Resistance • R1 - 409 • R1 - 4180 • S1 - 399 • S1 - 4050 support support • S2 - 391 • S2 - 3970 NATURALGAS(JUNE) LEAD(JUNE) Trend • Consolidate Trend • Consolidate Strategy • Sell on high Strategy • Sell on high •R2 - 203 • R2 - 117.5 Resistance Resistance •R1 - 196 • R1 - 114.8 •S1 - 185 • S1 - 111.8 support support •S2 - 178 •S2 - 107.5 ZINC(JUNE) NICKEL(JUNE JUNE) Trend • Consolidate Trend • Consolidate Strategy • Sell on high Strategy • Sell on high •R2 - 102.8 •R2 - 1045 Resistance Resistance •R1 - 100.8 •R1 - 1017 •S1 - 98.3 •S1 - 977 support support •S2 - 95.8 •S2 - 945 www.capitalheight.com
  • 4. info@capitalheight.com Phone- (0731)4295950 Phone ALUMINIUM(JUNE) Trend • Consolidate Strategy • Sell on high •R2 - 116.8 Resistance •R1 - 113.5 •S1 - 111.3 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 sui them suits 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 responsib 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 particular made investments and strategies, and encourages investors to seek the advice of a financial adviser. Capitalheight shall not be ments 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 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 c 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 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 instrum 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 Lega Actions can be taken. Legal www.capitalheight.com