Nifty rallies : Will S&P make a new high : Asia mixed
Nifty rallied near 6300 mark and very positive to go further again . Global cues also positive and hence the party will continue today , also the start of the month there is lot of volatility and new expiry series for derivative segment . My Sell Sun Pharma position closed in profit but my HDFC bank position ended in a loss . I didn't close my position till expiry since I thought I will take another shot again this month . Will keep you posted on my next strategy .
Housing data was mixed in US as new home sales increased but mortgage applications decreased to lowest levels than last year . S&P was flat and it didn't close near all time high levels since Monday , I will be bearish only if it closes below 1830 on a daily close , but I don't want to buy either . Fed chair Yellen will be speaking today on monetary policy and if to maintain the pace of stimulus cuts which has started from last 2 months . We saw a good move on the dollar of housing data and I have closed my $UsdCad position , I will be closely monitoring $EurUsd today for a sell before Fed minutes . Aussie and Kiwi were lower on China concerns and Asian markets mixed on open .
Strategy
No change in long $UsdChf .
No change in short $NzdUsd .
No change in short $EurUsd .[missed in my last post]
Statistics
Sorry guys . not getting enough time .Will update in my next blog
Housing data was mixed in US as new home sales increased but mortgage applications decreased to lowest levels than last year . S&P was flat and it didn't close near all time high levels since Monday , I will be bearish only if it closes below 1830 on a daily close , but I don't want to buy either . Fed chair Yellen will be speaking today on monetary policy and if to maintain the pace of stimulus cuts which has started from last 2 months . We saw a good move on the dollar of housing data and I have closed my $UsdCad position , I will be closely monitoring $EurUsd today for a sell before Fed minutes . Aussie and Kiwi were lower on China concerns and Asian markets mixed on open .
Strategy
No change in long $UsdChf .
No change in short $NzdUsd .
No change in short $EurUsd .[missed in my last post]
Statistics
Sorry guys . not getting enough time .Will update in my next blog
Comments
Post a Comment