Nifty runs towards 6300 : S&P retreats from all time High : Asian markets down

Nifty made a march towards 6200 closing at that level , I think it is still nervous and will hesitate to go beyond that level in the short term . I am still sticking to my strategy that it will be range bound within 6400 and 5800 till election results play out . I am completely negative in my Sell HDFC Bank Sell call strategy and will decide only on expiry day , my other sell call in Sun Pharma is in the money and looks like will expire positively . I expect the Nifty to close below 6200 on expiry . I will look to sell Puts on Nifty in the next month around 6000 levels .
US data mixed with housing data short of expectations and consumer confidence not encouraging . S&P touched all time high and has since come back around 1840 levels . I am looking to short at these levels and will update only when I see a good opportunity . Coming to currencies most of the currencies not showing clear direction , I have closed my sell $UsdCad position in profit . Asian stocks were down on bad economic data coming out of China as they restricted lending . Coming up today is new home sales report and mortgage data from the US  and Pound GDP and exports data .
Strategy
No change in long $UsdChf .
No change in short $NzdUsd .
No change in short $EurUsd .[missed in my last post]
No change in Sell Call Sun Pharma position for Feb Series.
No change in Sell Call HDFC Bank position for Feb Series
Statistics
Will update in my next blog

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