Global Stocks fall on Ukraine tension : US consumer spending up

Nifty fell towards 6200 and is likely to open flat today . Most of the indices were in red due to rising conflict of Russia -Ukraine tensions . Gold and Crude Oil shot up on safety demand , and its very difficult to find market direction unless these tensions cool of . Nifty is still within the range and the best strategy would be a strangle for March series . Stocks to watch this week will be auto sector on data for vehicle sales .  No change in my HDFC Bank strategy .
S&P hit 1840 on open and looking to go below 1835 for bearish outlook . I will rather wait for the price to come down before taking any position . US consumer spending rose more than expected and is healthy sign for growth . UK recovery was on path a exports contributed to growth since 2007 . I am not getting any clear signs on currencies to take a position and hence will wait to take any trade . Asia stocks mixed on open and traders will be following China on any clues by the government to improve growth.
Strategy
Strangle on HDFC Bank
No change in long $UsdChf .
No change in short $NzdUsd .
No change in short $EurUsd,
Statistics
I am ready , very lazy .... Will post tomorrow .

Happy trading .......

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