financial advisory company | nse bse intraday tips | mcx ncdex tips | free stock tips
DESCRIPTION
CapitalHeight is a Financial advisory company provides online trading,NSE,BSE,MCX,NCDEX & intraday tips.We provide free commodity tips for commodity market.TRANSCRIPT
Daily Newsletter18/10/2010
Daily Newsletter-Commodity
www.capitalheight.com
www.capitalheight.com
www.capitalheight.com
Phone- (0731)4295950
MARKET WRAP
Gold slips from recent high
Silver hits 30-year peak and falls
Copper touched its highest in more than two years
Oil falls below $82 on dollar
Nickel touched lower on Friday
Gold steadily maintained the uptrend for fifth consecutive week and made a new all time
high of $ 1387.11 gaining almost $34 after breaching its recent all time high of
$1374.75. Gold touched weekly low of $1340 and saw some profit booking at all time
highs. Copper gained $4 and breached its previous week all time high of $379.13 to
touch a new all time high of $385.95. Copper touched the weekly low of $370 to end
slightly lower from highs owing to weaker US economic data with unemployment claims
higher at 462k and weaker Japanese industrial production at (-)0.5% vs. (-)0.3%.
Copper is overall bullish as long as the dollar continues lower trend owing to monetary
easing and maintained rebound in Chinese economy while US Empire state
manufacturing index came up at 15.1 vs. 7.1 is also positive for copper.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Mon Oct 18
6:30pm USD TIC Long-Term Purchases 61.2B
6:45pm USD Capacity Utilization Rate 74.8% 74.7%
6:45pm USD Industrial Production m/m 0.3% 0.2%
7:30pm USD NAHB Housing Market Index 14
TECHNICAL
GOLD(DEC)
COPPER(NOV)
NATURALGAS(OCT)
ZINC(OCT)
• Bullish
• Buy on dips
Trend
Strategy• R2 -20150
• R1 -19970Resistance
• S1 -19670
• S2 -19350support
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 385
• R1 - 377Resistance
• S1 - 369
• S2 - 361support
• Bearish
• Sell on high
Trend
Strategy
•R2 - 171
•R1 - 164Resistance
•S1 - 154
•S2 - 145support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 109.8
•R1 - 107.5Resistance
•S1 - 104.2
•S2 - 101.5support
ECHNICAL VIEW
SILVER(DEC
CRUDE(OCT)
LEAD(OCT)
NICKEL(OCT
• Bullish
• Buy on dips
Trend
Strategy
• R2 - 37350
• R1 - 36600Resistance
• S1 - 35850
• S2 - 35180support
• Consolidate
• Sell on high
Trend
Strategy• R2 - 3720
• R1 - 3640Resistance
• S1 - 3570
• S2 - 3490support
• Consolidate
• Buy on dips
Trend
Strategy• R2 - 110.5
• R1 - 107.8Resistance
• S1 - 104.5
•S2 - 101.3support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 1120
•R1 - 1085Resistance
•S1 - 1053
•S2 - 1019support
www.capitalheight.com
Phone- (0731)4295950
DEC)
)
)
NICKEL(OCT)
Buy on dips
37350
36600
35850
35180
Consolidate
Sell on high
3720
3640
3570
3490
Consolidate
Buy on dips
110.5
107.8
104.5
101.3
Consolidate
Sell on high
1120
1085
1053
1019
ALUMINIUM(OCT)
Disclaimer
The information and views in this report,
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 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 investments and strategies, and en
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 anyon
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.
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 financial instrument.
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.
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 107.9
•R1 - 106.3Resistance
•S1 - 104.2
•S2 - 101.5support
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
de 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
herein should be treated as only factor, while making investment decision. The report does not
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
ice 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
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
. 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
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
de to present the right investment perspective. The information contained herein is based on
herein should be treated as only factor, while making investment decision. The report does not
made investment advice. Capitalheight recommends that investors independently evaluate
courages 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
ice projections shown are not necessarily indicative of future price performance. The information herein,
Capitalheight might be
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
. Any surfing and reading of the information is the acceptance of this disclaimer.
ible for any loss incurred
Capitalheight does not
paid), 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