Daily Newsletter29/06/2011

Daily Newsletter-Commodity

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MARKET WRAP

Oil rises on optimism on Greece, weak dollar

Dollar weakness adds to lift for oil prices

Gold rose back above $1,500 an ounce

Copper rose on Tuesday

Cpper inventories fell 2,150 tonnes

Oil prices rose on Tuesday on optimism that Greece can pass an unpopular austerity

program, and also on lift from a weak dollar. The weak dollar added lift to dollar-

denominated oil and the rising euro rallied further after the Portuguese government said it

planned to be scrupulous in meeting terms of a financial bailout. Copper rose on Tuesday

as an agreement by French banks to rollover Greek debt supported appetite for riskier

assets but caution remained ahead of Greece's vote on austerity measures later in the

week. Gold rose back above $1,500 an ounce in Europe on Tuesday.

ECONOMIC CALENDAR

Date Time Currency Economic Data Forecast Previous

Wed Jun 29

12:15am EUR ECB President Trichet Speaks

All Day EUR Italian Bank Holiday

7:30pm USD Pending Home Sales m/m 2.4% -11.6%

8:00pm USD Crude Oil Inventories -1.7M

9:30pm USD FOMC Member Raskin Speaks

TECHNICAL

GOLD(AUG)

COPPER(JUNE)

NATURALGAS(JULY)

ZINC(JUNE)

• Consolidate

• Buy on dips

Trend

Strategy• R2 - 22570

• R1 - 22280Resistance

• S1 - 22030

• S2 - 21850support

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 418

• R1 - 411Resistance

• S1 - 399

• S2 - 391support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 207

•R1 - 201Resistance

•S1 - 191

•S2 - 185support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 103.8

•R1 - 101.8Resistance

•S1 - 99.3

•S2 - 95.8support

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ECHNICAL VIEW

SILVER(JULY

CRUDE(JULY)

LEAD(JUNE)

NICKEL(JUNE

• Consolidate

• Buy on dips

Trend

Strategy

• R2 - 54800

• R1 - 52750Resistance

• S1 - 50180

• S2 - 49300support

• Consolidate

• Sell on high

Trend

Strategy• R2 - 4270

• R1 - 4180Resistance

• S1 - 4050

• S2 - 3970support

• Consolidate

• Sell on high

Trend

Strategy• R2 - 119.5

• R1 - 116.8Resistance

• S1 - 113.8

•S2 - 109.5support

• Consolidate

• Sell on high

Trend

Strategy

•R2 - 1055

•R1 - 1028Resistance

•S1 - 997

•S2 - 973support

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JULY)

JUNE)

Consolidate

Buy on dips

54800

52750

50180

49300

Consolidate

Sell on high

4270

4180

Consolidate

Sell on high

119.5

116.8

113.8

109.5

Consolidate

Sell on high

ALUMINIUM(JUNE)

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The information and views in this report, our website & all the

accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that sui

the most.

Sincere efforts have been made to present the right

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 investors

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

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

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 - 116.8

•R1 - 113.5Resistance

•S1 - 110.3

•S2 - 108.5support

info@capitalheight.com

Phone

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

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

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 rules and

own 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

d. 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

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

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 p

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

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

investment perspective. The information contained herein is based on

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

made investment advice. Capitalheight recommends that investors independently evaluate particular

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 and

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

Capitalheight might be

d. 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

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