Nifty holds 6800 : Asian stocks gain : S&P rises near 1900

Nifty slowly going towards 6900 , but there will be a strong resistance around 6875 . Global cues being positive there will be a tough fight between bulls and bears . Good numbers by HDFC Bank , Zensar and Tata Elxi ..coming up today will be Cairn India , YES Bank and Ultratech Cement . We will see more of these earning and will update you on overall analysis . We will see some volatility due to expiry today , NSE will be closed tomorrow due to election day .  I will look to sell Nifty 7100 Call for May series before end of day today and hope my sell call for 6900 series for April closes in profit .
Asian stocks advance on strong global cues , China PMI slowest than last quarter but better than last month , question that will China will be able to meet GDP guidance for this year . Aussie dropped on the news that inflation rose unexpectedly , S&P rose on better earnings from wall street and my position is negative [short from 1870].Important events today will be Euro Zone PMI , BOE minutes and Kiwi rate decision .
Statistics
No change in long $UsdChf .
No change is short $GbpUsd.
No change in short $NzdUsd .
No change in short $EurUsd.
No change in Sell Nifty call 6900
Statistics

Will update .....in my next post ....

Happy Trading .....

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