commodity tips by
DESCRIPTION
CapitalHeight Financial Services is a leading Stock Advisory Company, having a strong hold in providing most authentic and accurate Equity Tips as well as Commodity Tips. For 2 Days Free Trial, please visit our site at http://www.capitalheight.com or please call our 24/7 Customer Care Support us at +91 9993066624, 0731 - 4295 - 950 Or email us at: [email protected]TRANSCRIPT
Daily Newsletter26/04/2011
Daily Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Silver turns lower after rally
Gold falls after hitting record high
Shanghai copper closed lower on Monday
Aluminium supported by strong Brent Crude
U.S. oil turns lower after hits highest since Sept. 2008
Spot silver prices dropped nearly 2 percent on Monday, wiping out sharp initial gains
after a technical failure to take out a 1980 high triggered a bout of heavy selling. Silver's
sharp reversal also coincided with weakness in gold and crude oil prices. Gold hit a
record high of $1,518.10 an ounce. It fell in tandem with silver to $1,504.90 an ounce. It
was last up 0.1 percent. Shanghai copper closed lower on Monday, tracking losses in
U.S. futures, which dropped as much as 1.3 percent, ahead of possibly weak economic
data from the United States and Britain this week. Oil turned lower on Monday as a bout
of profit-taking was sparked when silver reversed after a sharp rally
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Tue Apr 26
6:30pm USD S&P/CS Composite-20 HPI y/y -3.2% -3.1%
7:30pm USD CB Consumer Confidence 64.6 63.4
7:30pm USD Richmond Manufacturing Index 20 20
TECHNICAL
GOLD(JUNE)
COPPER(APR)
NATURALGAS(APR)
ZINC(APR)
• Bullish
• Buy on dips
Trend
Strategy• R2 -22480
• R1 -22170Resistance
• S1 -21880
• S2 -21650support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 434
• R1 - 425Resistance
• S1 - 418
• S2 - 411support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 209
•R1 - 201Resistance
•S1 - 187
•S2 - 179support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 107.2
•R1 - 104.5Resistance
•S1 - 100.7
•S2 - 98.5support
ECHNICAL VIEW
SILVER(MAY
CRUDE(MAY
LEAD(APR)
NICKEL(APR
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 72700
• R1 - 71350Resistance
• S1 - 69100
• S2 - 67350support
• Bullish
• Buy on dips
Trend
Strategy• R2 - 5190
• R1 - 5080Resistance
• S1 - 4935
• S2 - 4850support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 118.3
• R1 - 114.7Resistance
• S1 - 110.8
•S2 - 107.5support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 1217
•R1 - 1187Resistance
•S1 - 1153
•S2 - 1118support
www.capitalheight.com
Phone- (0731)4295950
MAY)
MAY)
)
R)
Buy on dips
72700
71350
69100
67350
Buy on dips
5190
5080
4935
4850
Consolidate
Sell on high
118.3
114.7
110.8
107.5
Consolidate
Buy on dips
1217
1187
1153
1118
ALUMINIUM(APR)
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 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
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 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 rule
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
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 a
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 com
whatsoever for any financial profits or loss which may arise from the recommendations above.
purport to be an invitation or an offer to buy or sell any financia
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 Ser
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 125.7
•R1 - 122.3Resistance
•S1 - 119.3
•S2 - 116.5support
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
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
made investment advice. Capitalheight recommends that investors independently evaluate
ar 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 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 Capitalhei
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 a
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
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
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
ar 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
price projections shown are not necessarily indicative of future price performance. The information herein,
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
can be held responsible for . Any surfing and reading of the information is the acceptance of this disclaimer.
we are not responsible for any loss incurred
Capitalheight does not
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