Morning update Mon, 10th Nov:

Morning update Mon, 10th Nov:

In spite of all global +ve clues, do not expect any ‘huge’ rallies on higher side. It’s the time when ‘longs’ should be kept with strict ‘SL’. One may prefer intra-day trades only today and the break below 2960 could be safer for ‘short’ today. Still there are some chances for 3065/3100 and 3180 on higher side.
It’s the well experienced facts that any big move can be outcome of a ‘gap-up’ or ‘gap-down’ and we could make good profits out of it.
I wish to attract your attentions towards such ‘big move’. On the oncoming Mar’s day (11th Nov), the Mars is supposed to strengthen the ‘Bears’. The Dow would show its real colures on Tue night.
Please take it as an opportunity to initiate shorts/puts on Tuesday and carry such shorts for Wed to enjoy a good gap down followed by further weakening on Wed.