Good Morning Team, After another Tumultuous day, get ready for another listless day with Nifty Expiry taking the front seat. Markets are clearly lacking the momentum, as it tries to move forward. We need some fresh cues for this Markets to move forward or its better to stay on the sidelines. Also, if you over extend your stay in this Market, it can hit your SLs on both sides. Best is to Scalp and focus on other work. Also considering the Global cues with Crude falling sharply, it may augur well for India, but if the demand is waning across Geographies, then it may also play spoilsport for us in the long run and that sentiment will hit hard. Overall a sideways Markets with Expiry moves expected in the 2nd half. I will be on Vacation till 15th November with limited participation in Markets... see you all after 16th. Happy Diwali folks & Happy Trading 👍

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Good Morning Team, With US Markets are on a roll & that fever has gripped Asian Markets as well. Now coming to our Markets After An Holiday opening, expect a Cracking Open & completely Trapping the Overnight sellers & poised for a Big move. But crucial question is whether India will align with Global Markets this week or will wait it play dumb play after open. Also Markets making a move above 50 DMA & staying above will give cushion to Bulls. Good news is the way Bond Yields are falling off, clearly suggesting rate hikes are behind us considering the Inflation numbers both Domestic & US. Also with Middle East heading towards to some kind of ceasefire will bring much bigger relief rally. Also, PSUs have taken off in the recent days again, which should help the sentiment further. Overall expecting it to be Bullish day with some Intraday profit Booking in 2nd half. Happy Trading 👍

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