The following few days are charged with lot of excitement.
Today we have TCS results, and tomorrow Reliance.
On Friday will be Reserve Bank(RBI) interest rate etc and some more sops are expected. We have Maruti and Tatasteel results also that day.
Next Monday would be SBI results.
Tuesday would be Diwali holiday. There would be one hour special session as per Indian traditions.
Thursday would be F&O expiry.
Next Friday would be Bharti Airtel results and almost the end of results season.

As suggested earlier, go for November NIFTY long straddles of strike 3100 or 3200, whichever is nearby. It would be a profitable strategy if you are familiar with derivates.

Long Term Outlook:
The expected range in the next tweleve months for this bear market is 6000-9000-12000-15000. Whenever there would be a close below 9700, it would open the lower targets of 9000. Inability to maintain 9000 would open up the target of 6000 subsequently. Don't panic as these levels are not to be achieved in a day as it is an outlook for nine months to one year and there would be relief rallies in between.

For this week our weekly outlook still remains relevant!