Nifty , Asian stocks rebound : S&P Flat

Nifty made a bounce from a low of 5950 to close near main support level of 6000 . I have taken a sell put call on Nifty as well as ICICI Bank and will look to close in another 2 weeks . This relief rally will be there for another 2-3 weeks after which it will again try to break 6000 levels . There is a important event this Friday on employment data which may decide course of Nifty. Divi Labs , Tech Mahindra were stocks of the day with inline results . Earnings season not so spectacular this time as of now so lets see how it progresses next 2 weeks .
S&P was flat , there was a rebound but its back to square one at Asian open . I was looking to sell Aussie after the rate decision but the price didn't work out and hence will wait to execute again . I took a short on UsdCad yesterday and closed for a small profit as I found lots of resistance on that level . I am looking to sell $NzdUsd today if it meets my price . S&P may see a bounce followed by EM economies in the short term . No major key releases today and expect markets to be quiet or moving sideways . Coming up tomorrow is Pound and Euro rate decision where we will see lot of action and volatility.
Strategy
No change in long $UsdChf .
No change in long $EurUsd [looking to close today].
Closed $UsdCad for a profit of 25 pips.
Sold Nifty Put 5800 Feb Series.
Sold Icici Bank Put Feb Series .
Statistics


Will update in my next post .

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