You are on page 1of 4

Daily Newsletter-Commodity

05/08/2014





www.capitalheight.com

www.capitalheight.com
info@capitalheight.com
Phone- (0731)6615050-6620150

MARKET WRAP
Gold futures fell for the fourth time
Silver futures for September delivery dropped 0.7 percent
Crude traded near the highest price in three days
Gold futures fell for the fourth time in five sessions as a U.S. equity rally reduces
demand for the precious metal as an alternative investment. Gold fell 3 percent
last month on concern that the Federal Reserve would raise interest rates as the
economy gained traction. Silver futures for September delivery dropped 0.7
percent to $20.233 an ounce on the Comex. Earlier, the price touched $20.20, the
lowest since June 19.
ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous
Tue
Aug 5
12:45pm EUR Spanish Services PMI 55.1 54.8
1:15pm EUR Italian Services PMI 53.2 53.9
1:30pm EUR Final Services PMI 54.4 54.4
2:30pm EUR Retail Sales m/m 0.4% 0.0%
7:15pm USD Final Services PMI 61.0 61.0
7:30pm USD ISM Non-Manufacturing PMI 56.6 56.0
USD Factory Orders m/m 0.6% -0.5%
USD IBD/TIPP Economic Optimism 46.2 45.6

www.capitalheight.com
info@capitalheight.com
Phone- (0731)6615050-6620150

TECHNICAL VIEW
GOLD(OCT) SILVER(SEP)

COPPER(AUG) CRUDE(AUG)

NATURALGAS(AUG) LEAD(AUG)

ZINC(AUG) NICKEL(AUG)

• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 28550
• R1 - 28280
Resistance
• S1 - 27850
• S2 - 27480
support
• Consolidate
• Sell on high
Trend
Strategy
• R2 - 45700
• R1 - 44950
Resistance
• S1 - 43150
• S2 - 42280
support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 451
• R1 - 443
Resistance
• S1 - 427
• S2 - 419
support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 6130
• R1 - 6070
Resistance
• S1 - 5960
• S2 - 5870
support
• Consolidate
• Sell on high
Trend
Strategy
•R2 - 245
•R1 - 238
Resistance
•S1 - 227
•S2 - 219
support
• Consolidate
• Buy on dips
Trend
Strategy
• R2 - 143.5
• R1 - 140.7
Resistance
• S1 - 135.4
•S2 - 132.5
support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 150.5
•R1 - 147.9
Resistance
•S1 - 143.2
•S2 - 141.3
support
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 1198
•R1 - 1165
Resistance
•S1 - 1113
•S2 - 1085
support

www.capitalheight.com
info@capitalheight.com
Phone- (0731)6615050-6620150


ALUMINIUM(AUG)

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 suits 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. Money CapitalHeight Research Pvt. Ltd. recommends that investors independently
evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Money
CapitalHeight Research Pvt. Ltd. shall not be 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 Money CapitalHeight
Research Pvt. Ltd. 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.
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. Money CapitalHeight
Research Pvt. Ltd. does not 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.
• Consolidate
• Buy on dips
Trend
Strategy
•R2 - 126.5
•R1 - 124.8
Resistance
•S1 - 121.3
•S2 - 118.5
support