Gold - Update - Sell on Rise - 03.09.2014

Dear All,

>>> Gold - As Updated Yesterday on 02th Sep, 2014 <<<

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Wrote Yesterday - Below Support 27644 - Fall Likely. See what happened today ....

>>> Gold - Happened and Yet to <<<

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Made a Low of 27638. Almost 276 Points Fall from 27644. Now it seems like a bounce again till 27644 or near is possible. Hence its again a selling opportunity near to 27644 for a fall till 27318 as shown on chart. Cheers!!!

Resisted @ 8143 - Its time for a PAUSE

Dear All,

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As we wrote in our earlier post nifty almost touched and resisted near 6143. Now its seems like a correction may come in. If so, then here are the Support you must watch for - 8090, 8060 and 8040.

>>> BANK NIFTY <<<

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Wrote earlier 16141 as resistance, though crossed it, can't hold. Supports on the downside as shown on chart.

>>> BIOCON <<<

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Yes we have short on Biocon. If unable to cross the channel as shown on chart, then expect a free fall. Just Sell Sell Sell and Earn. Cheers!!!