Nifty undecided: S&P rises : China data encouraging

Nifty in a range for the last 2 days , unable to close above 6100 and below 6000 . India exports increased than last month , and trade deficit under control it will be able to achieve the export target set for this year .Inflation figures coming out today and I think will be positive for the markets . Global cues also coming up good and hence I expect the mood to be buoyant . Looking to close my Nifty puts and will take a decision before market closing . Tata Steel , Tata Motors ,Dr Reddys and Fortis reported good results and looking at overall results Q3 numbers not as impressive than last quarter . I expect markets to remain range bound from 6400 to 5800 in the medium term till June 14 . Watch for a strong opening today and to close in positive .
S&P rose above 1800 as lawmakers agreed for extended US borrowing . Yellen in her first public remarks assured that stimulus cut will go on as planned , and will also closely watch on unemployment and economic growth . They will now look in March so that they have ample time to assess economic data .China data beat analysts today morning which has boosted sentiment  Asia markets on open . Aussie and kiwi rose against the dollar on the news as their economy is closely linked to China growth . I took a sell on $NzdUsd and will close in case it rises .8400 .
Strategy
No change in long $UsdChf .
Short $NzdUsd .8306 .
No change Nifty Put 5800 Feb Series.
No change in Icici Bank Put 880 Feb Series .
Statistics


Will surely update in my next post .

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