Daily Newsletter

Newsletter-Commodity
21/03/2011

www.capitalheight.com
 info@capitalheight.com
Phone- (0731)4295950

MARKET WRAP
Copper failed to extend gains into a third day Friday
LME copper inventories to their highest level since last July
Aluminium LME stockpiles saw an outflow of 6,575 tonnes
Gold up on safe-haven bid as Libya ceasefire questioned
Oil prices slipped on Friday after two days of gains
Natural gas trading near recent high

Gold rose for a third straight day on Friday after a unilateral ceasefire declared by
Libyan leader Muammar Gaddafi failed to calm investor nerves as political tensions
remained elevated across the Arab world. Copper failed to extend gains into a third day
Friday, ending lower, as further tightening moves in China, Middle East unrest and
Japan's nuclear crisis kept investor risk at a minimum. Oil prices slipped on Friday after
two days of gains, as Libya declared a ceasefire, easing for the moment the threat of a
Western air attack that could escalate the conflict and further damage oil facilities.

ECONOMIC CALENDAR
Date Time Currency Economic Data Forecast Previous

Mon All Day EUR ECOFIN Meetings

Mar 21
7:30pm EUR ECB President Trichet Speaks
7:30pm USD Existing Home Sales 5.15M 5.36

www.capitalheight.com
 info@capitalheight.com
Phone- (0731)4295950

TECHNICAL VIEW
GOLD(APR) SILVER(MAY
MAY)

Trend • Consolidate Trend • Consolidate

• Buy on dips Strategy • Buy on dips
Strategy
• R2 -21180 • R2 - 54750
Resistance Resistance
• R1 -20930 • R1 - 53850
• S1 -20630 • S1 - 52450
support support
• S2 -20450 • S2 - 51400

COPPER(APR) CRUDE(APR))

Trend • Consolidate Trend • Consolidate

Strategy • Buy on dips • Buy on dips
Strategy
• R2 - 453 • R2 - 4770
Resistance Resistance
• R1 - 441 • R1 - 4690
• S1 - 431 • S1 - 4570
support support
• S2 - 423 • S2 - 4490

NATURALGAS(MAR)) LEAD(MAR)
LEAD(MAR

Trend • Consolidate Trend • Consolidate

Strategy • Buy on dips Strategy • Buy on dips
•R2 - 201 • R2 - 125.5
Resistance Resistance
•R1 - 193 • R1 - 123.3
•S1 - 182 • S1 - 119.7
support support
•S2 - 173 •S2 - 116.5

ZINC(MAR) NICKEL(MAR)
NICKEL(MAR

Trend • Consolidate Trend • Consolidate

Strategy • Sell on high Strategy • Buy on dips
•R2 - 109.3 •R2 - 1255
Resistance Resistance
•R1 - 106.5 •R1 - 1228
•S1 - 103.2 •S1 - 1186
support support
•S2 - 99.3 •S2 - 1143

www.capitalheight.com
 info@capitalheight.com
Phone- (0731)4295950

ALUMINIUM(MAR)

Trend • Consolidate
Strategy • Buy on dips
•R2 - 117.7
Resistance
•R1 - 115.4
•S1 - 113.2
support
•S2 - 110.3

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
sui
them the most.

Sincere efforts have been made to present the right investment perspective. The information contained
contain 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
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
Capi shall
not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules
rule
and regulations of MCX and NCDEX.

The metals price projections shown are not necessarily indicative of future pri price
ce performance. The information herein,
together with all estimates and forecasts, can change without notice. Analyst or any person related to 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
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. we are not responsible for any loss incurred
whatsoever for any financial profitss or loss which may arise from the recommendations above. Capitalheight 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.

www.capitalheight.com