Daily Newsletter13/12/2010

Daily Newsletter-Commodity

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MARKET WRAP

Oil slips on China rate hike worry

China's crude oil imports jumped 22.1 percent last month

Gold drops as China tightens, down 2 pct on week

Copper near record high after China imports data

Oil prices fell on Friday in choppy trading, finishing with a weekly loss as concerns that

China's moves to cool inflation will curb energy demand. Despite reaching a 26-month

high of $90.76 on Tuesday, for the week U.S. crude oil futures fell 1.57 percent. Oil rose

6.48 percent last week, its second straight weekly gain. Gold fell on Friday after China

raised bank reserve requirements and investors took profits in bullion U.S. data showing

rising consumer confidence and a shrinking trade gap. Copper rose near record highs

on Friday on concerns about tight supplies and after strong Chinese import data

boosted the demand outlook. China's imports of copper rose 28.5 percent to 351,597

tonnes in November, after a slump in October.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Mon Dec 13

5:31am GBP Rightmove HPI m/m -3.2%

5:31am GBP BOE Quarterly Bulletin

3:00pm GBP PPI Input m/m 0.7% 2.1%

5:00pm GBP MPC Member Bean Speaks

TECHNICAL

GOLD(FEB)

COPPER(FEB)

NATURALGAS(DEC)

ZINC(DEC)

• Consolidate

• Buy on dips

Trend

Strategy• R2 -20890

• R1 -20630Resistance

• S1 -20380

• S2 -20150support

• Bullish

• Buy on dips

Trend

Strategy

• R2 - 423

• R1 - 416Resistance

• S1 - 405

• S2 - 397support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 213

•R1 - 205Resistance

•S1 - 197

•S2 - 189support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 107.5

•R1 - 104.7Resistance

•S1 - 101.8

•S2 - 98.5support

ECHNICAL VIEW

SILVER(MAR

CRUDE(DEC)

LEAD(DEC)

NICKEL(DEC

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 45350

• R1 - 44150Resistance

• S1 - 42850

• S2 - 41850support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 4070

• R1 - 4010Resistance

• S1 - 3940

• S2 - 3850support

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 114.5

• R1 - 110.8Resistance

• S1 - 106.8

•S2 - 104.5support

• Consolidate

• Buy on dips

Trend

Strategy

•R2 - 1145

•R1 - 1105Resistance

•S1 - 1065

•S2 - 1033support

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MAR)

)

)

NICKEL(DEC)

Consolidate

Buy on dips

45350

44150

42850

41850

Consolidate

Buy on dips

4070

4010

3940

3850

Consolidate

Buy on dips

114.5

110.8

106.8

104.5

Consolidate

Buy on dips

1145

1105

1065

1033

ALUMINIUM(DEC)

Disclaimer

The information and views in this report, our website &

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 t

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 encourages invest

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 a

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 - 107.5

•R1 - 105.3Resistance

•S1 - 103.2

•S2 - 100.7support

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

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

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

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

nded. 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.

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 lo

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 thir

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

info@capitalheight.com

Phone- (0731)4295950

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

he right investment perspective. The information contained herein is based on

be treated as only factor, while making investment decision. The report does not

made investment advice. Capitalheight recommends that investors independently evaluate

ors 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

shown are not necessarily indicative of future price performance. The information herein,

Capitalheight might be

nded. 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

nd 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