Wealth Maker: 11/11/13

Monday, 11 November 2013

Gold and Silver trend is sideways or you can say ‘No Trend’. I am looking weakness in next week and you should keep in mind, “How price reacts next week will provide you very important clue”. There’s no reason to buy Gold or Silver because it will definitely move downward!

Long term view: Look above Gold chart, it will say you – what will happen in coming days. Once MCX Gold cross & close above Resistance level 30820 then it will definitely kiss 32000 – 33500 levels and cross & close below support then it will go in bloodbath.

As per chart you can see gold made Double top Near 30800 from there it fall 1000 point which mean Rs.1 lac/- per lot.

Just you need to be confidence on your self and trade as per chart only.

ESCORTS INDIA

ESCORTS INDIA At 114.65 TGT 120/125 SL 112.00 buy only on closing basis in capital market.

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