Morning update Mon, 24th Nov:

Morning update Mon, 24th Nov:

Today, it could be a volatile day with lot of uncertainties. Since the oncoming Tue indicates strong chances for a ‘bounce’, one should trade accordingly. For today’s trade, one should watch the trend after open carefully and the trend initiating after open may continue further. The trade in small quantity is preferable with strict SL to avoid losses.
Those who have already initiated the ‘long’ position on Fri should hold with strict TSL to cover on Tue. Traders should prefer intra-day moves and at the EOD, one may hold ‘long’ position/ ‘call’ to carry for Tue.
 
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