1. US markets closed lower Yesterday.
2. Witnessing Mild profit booking as Stimulus deal talks are on the way.
3. Asian markets are also witnessing slight profit booking.
4. SGX Nifty is now Trading near 13500.
5. Yesterday our Markets broke the Resistance of 13500 and closed higher.
6. This was due to big Unwinding of call options near 13500.
7. All the Option writers have now shifted to 13600.
8. Yesterday some Index Heavy weights managed the Markets on the upside.
9. HDFC Bank , Reliance are the major contributors.
10. Today is the second weekly expiry .
11. Remember this series has 5 weekly expirys.
12. Vaccination has also been started in U.S
13. There were some videos Circulating of people being Vaccinated.
14. However there are still rumours about credibility of Vaccine.
15. But according to me Markets are not looking at all these news.
16. Bull Markets climb the wall.of worry.
17. As long as there are problems we rise whej every positive is being attended into.
18. That’s when Markets top up.
19. So rather than predeciding it’s better to follow the Market and the trend.
20. Trend is strong on the upside & we are in a buy on dip Market.
21. Be Thankful if you get a bigger dip.
22. Nifty might Trade between 13340-13560 today.
23. If you want a safe trade, you can short the _ Nifty 13550 CE or Banknifty 30800 CE (today’s weekly expiry).

1. US markets closed a bit lower Yesterday.
2. Right now U.S Futures are also a bit lower.
3. SGX Nifty is Trading around 13400.
4. Asian Markets are mostly Flat.
5. Yesterday even when Asian Markets were lower along with Dow Futures we kept going higher.
6. 100 Point Gain for Nifty in a day is a joke now.
7. Almost everyday we are witnessing this Scenario.
8. Yesterday’s rally could be attributed to short covering.
9. There are excessive shorts in the system and all are being trapped.
10. FII’s inflow not stopping.
11. It seems like they understand the real Potential of India.
12. Our Indian People are unable to do so because DII’s they keep selling.
13. I feel this is a time to be cautious on the upside.
14. We have run up too quick too high.
15. There has not been any significant Correction since November.
16. If it comes it will be quick & big.
17. 13500 CE has the highest open interest in weekly options so this is a resistance.
18. On the lower side 13000 was the support as it had highest open interest.
19. But now option writers have shifted to 13200 PE.
20. So we might consolidate In this range.
21. As the Vaccine news gets more stronger Pharma stocks keep flying.
22. Pharma & IT are the places where you should focus as a trader.
23. Nifty might Trade between 13240-13460 today.
24. Today might be possible to be a completely range bound market.

1. On Friday , U.S Markets hit fresh highs.
2. SGX Nifty on Friday closing was near 13330.
3. Currently , U.S Futures are slightly down.
4. Asian Markets are witnessing severe profit booking.
5. Hang Seng , China , Kospi, Nikkei witnessing big profit booking.
6. This is why SGX Nifty is currently trading at 13250 , near about friday market closing level.
7. Bank Nifty & Nifty on Friday broke out in last half hour.
8. Today if we get support from Global Markets and if Asian Markets start to recover then we might witness big rally today.
9. FII’s on Friday too were net buyers.
10. DII’s keep selling.
11. 13000 is a strong support for Swing traders on Nifty.
12. Bank Nifty support comes near 29500.
13. Market is giving Intraday fall almost on a daily basis.
14. These are the times to buy into the Correction.
15. This is a buy on dip Market.
16. Trend is so strong onto the up side.
17. We will keep slowly inching higher.
18. The pace will reduce but trend is intact.
19. Nifty might Trade between 12200-12380 today.
20. Today’s shares in focus ONGC, AXIS BANK, ICICI BANK, ADF FOOD, TATA CHEMICAL, RELIANCE, SUN PHARMA, MARUTI SUZUKI, DABUR etc.

An order is an instruction on how and when to buy or sell you send to your broker. There are several different types of orders a trader and investor can use to execute their trade based on their goals. You may want to get in at any price or out at any price. You could want to only buy or sell at a specific price and do nothing if the market does not reach that price. 

Here are the primary types of market orders used to enter or exit a trade. 

A market order is used to immediately buy or sell a stock or asset. With this type of order you will immediately get an execution to buy or sell at the current market bid or ask quote. You usually get a fast fill but the price is not guaranteed and the slippage from your expected price and your fill will be based on volatility, liquidity, and the speed of your broker. 

A limit order specifies the exact buy or sell price that the trader wants the trade executed at. It must be the limit price asked for or better or no trade is transacted. This type of order is for a  trader or investor that believes they can get the price they are asking for eventually and is willing to wait if they can’t. This can cause an entry or exit to be missed entirely if the price asked for is not reached. While it can prevent bad fills for entries and it can also cause being trapped in trades that were supposed to be sold only to see a price go even lower. 

A stop order, (also called a stop loss order) is a risk management tool where a trader or investor enters a specific price to sell a holding at if the market reaches that level. If price action hits the stop price entered then the stop order becomes a market order and the position is sold at the next available price to limit losses. 

A buy stop order is set at a specific higher price above current levels. It is used many times as a momentum trading tool to buy higher prices when a breakout occurs for the purpose of selling at even higher prices in the future. A buy stop can also be used as a risk management tool for a short position as either a stop loss to prevent big losses or a trailing stop to lock in remaining profits.

A sell stop order is set at a stop price that is lower than the current price in the market. Traders and investors usually will enter a sell stop order to either limit a loss on an open position or to protect an open profit by using it as a trailing stop on a winning trade.  A sell stop order can be set up to open short position for a margin account. For a current holding a sell stop is commonly used as a stop loss or a trailing stop. 

Be sure to understand your goals and results of using any of these specific types of orders when you buy and sell. There are big differences.

1. US markets closed higher from their lows.
2. Dow Futures are Trading lower now.
3. Asian Market’s are Trading higher.
4. SGX Nifty is Trading around 12830.
5. Yesterday it was a highly Volatile Expiry.
6. First Market recovered from lows and went near highs of the day around 12960 then profit booking was witnessed.
7. Due to expiry issues put writers got trapped and we Witnessed a big sell off.
8. There are 5 working days remaining for November expiry now.
9. Corrections like Yesterday are a buying Opportunity in a Rising Bull Market.
10. Stimulus talks have started in U.S
11. Negotiation seems to be going on.
12. Indian Stimulus 2.0 was announced but it was like a “Girl Crush”.
13. When did it arrive , when did it get completed. Nobody knows.
14. Serum Institute of India has come up with a Vaccine news and it states as follows:
15. Serum Institute of India’s CEO Adar Poonawala says Oxford COVID-19 vaccine should be available for healthcare workers, elderly people by around Feb 2021 and by April for general public. It will be priced at a maximum of Rs 1,000 for two necessary doses.
16. Do not carry fresh Positions over the weekend.
17. Things might get up quite Volatile as major news flow is on radar.
18. Due to this Asian Markets have been picking up some steam.
19. Nifty might Trade between 12740-12920 today.