Morning update Mon, 17th Nov:

Morning update Mon, 17th Nov:

The market is expected to open flat or on slightly positive note to head for a volatile session ideal for intra-day trades only.
Avoid initiating any positional move.
For intra-day trade, break below 2810 would lead to major support area 2760 and break of 2760 only could open the way for further down levels. (Chances seem less for today’s trade).
The nifty may trade ‘range bound’ today and attempt to regain 2.9K levels if other Asians as well European markets shows some strength.
 
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