Asian stocks rise : S&P near 1900 : Nifty looking beyond 6800
Nifty touched 6800 mark and retreated back to original levels . Todays open is weak and is very unlikely to surge again . I have taken a sell on Nifty at 6900 series for this month . Stocks in the limelight is IDFC as RBI has given a banking license under certain conditions they need to fulfill as per guidelines . Nothing much on India story as we all wait for the poll outcome . Long term traders may look to buy on correction for a period of 1-2 years horizon.
Asian markets rose on china stimulus policies , decline in industrial activity is their major concern over the past 2-3 months . Dollar was strong yesterday on the ADP report that payroll may show an increase in March . Retail sales increased in Aussie but the currency is still under pressure against the dollar . I am closing my $GbpUSd sell position in profit @1.6637. All other positions remain unchanged .
Strategy
No change in long $UsdChf .
No change in short $NzdUsd .
No change in short $EurUsd,
No change in short SPX
No change in Sell Nifty Call 6900 April Series
Statistics
Will update ..being lazy ....
Happy Trading ...
Asian markets rose on china stimulus policies , decline in industrial activity is their major concern over the past 2-3 months . Dollar was strong yesterday on the ADP report that payroll may show an increase in March . Retail sales increased in Aussie but the currency is still under pressure against the dollar . I am closing my $GbpUSd sell position in profit @1.6637. All other positions remain unchanged .
Strategy
No change in long $UsdChf .
No change in short $NzdUsd .
No change in short $EurUsd,
No change in short SPX
No change in Sell Nifty Call 6900 April Series
Statistics
Will update ..being lazy ....
Happy Trading ...
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