Global Stocks rally : Markets look to Fed policy

Nifty rallied to all time high and closed near 6500 and it seems a little resistance around 6600 levels . Support at 6350 and if breached will fall to 6000 levels again . No change in my HDFC Bank sell call strategy . Looking to sell Nifty call at higher strike for March series .
Asian markets weak on todays open . All eyes on Fed policy meeting as it will decide to continue to reduce stimulus as planned or may add a little variation to it . US housing data and inflation data very positive and hence adds to the probability that Janet will continue tapering with normal pace .Global stocks rallied on Putin's remark that it will not divide Ukraine. Sanctions still continue on Russia but yet to check if there will be an impact worldwide . Euro meeting some resistance around 1.3900 and looking to sell today . I remain upbeat on the dollar in near term . There is no change in my FX or short SPX positions and will wait till evening for a decision .
Strategy
No change in Sell Calls HDFC Bank
No change in long $UsdChf .
No change in short $NzdUsd .
No change in short $EurUsd,
No change in short SPX

Happy Trading.

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