Morning update Thu, 6th Nov:

Morning update Thu, 6th Nov:
Yesterday, I had mentioned in chat room to initiate shorts / put as well hold for today. The yesterday’s mega fall as well Gap-down today would make it in good profits. Today, even after gap-down, there are strong chances for further drifting and the Nifty would march towards tasting earlier lows. The traders may hold shorts or re-initiate at open but all such shorts should be covered by EOD.
The oncoming Fri indicates some volatile movements and it’s better to try only intra-day trades on Fri.
On Fri, there are strong chances for an up move in DOW which may influence the open of Asians on Mon.
 
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