Asia markets down : S&P falls near 1800 mark : Nifty flat
Nifty was flat yesterday and hovered around 6800 mark . It will open in red today as stocks dropped globally . There was good turnout yesterday in India elections with major states went to polls yesterday . Nifty will take cues globally in the coming days until election results are out . I feel what ever be the outcome India will grow in 2015-16 and I am bullish after mid 2014 . No change in my sell Nifty call strategy .
Asia markets were down on opening after china reporting fall in producer price index and accelerated inflation . S&P fell due to tech shares sell off and is almost 70 points down since last week . I will close my S&P short position next week or by end of day today for some profit . Dollar continued to be under pressure and important events today will be Euro consumer price index and US business confidence index later today . No change in my FX positions as all of them are in red and will hold for some more time .
Strategy
No change in long $UsdChf .
No change is short $GbpUsd
No change in short $NzdUsd .
No change in short $EurUsd,
No change in short SPX.
No change in Sell Nifty call 6900
Statistics
Will update .....in my next post ....
Happy Trading ...
Asia markets were down on opening after china reporting fall in producer price index and accelerated inflation . S&P fell due to tech shares sell off and is almost 70 points down since last week . I will close my S&P short position next week or by end of day today for some profit . Dollar continued to be under pressure and important events today will be Euro consumer price index and US business confidence index later today . No change in my FX positions as all of them are in red and will hold for some more time .
Strategy
No change in long $UsdChf .
No change is short $GbpUsd
No change in short $NzdUsd .
No change in short $EurUsd,
No change in short SPX.
No change in Sell Nifty call 6900
Statistics
Will update .....in my next post ....
Happy Trading ...
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