Nifty consolidates : S&P at record high : Asia Flat

Nifty was below 7300 on expiry day in May 2014 . That was a relief as my position on sell call Nifty was under pressure . It has finally paid off....I have taken a sell Nifty call for 7500 for June as I expect the Nifty to below 7500 in short term . I will also look to write puts near 6700 levels as I see India bullish in 2015 . Indian growth declined to lowest and the new government should try its best to revive the economy . All eyes on Mr. Rajan on credit policy this week .
S&P rose to 1923 levels in spite lower confidence data from the US . Asian stocks flat this week . Lot of action next week on payrolls data in US , China PMI , Euro unemployment reports and Aussie rate decision. Dollar stronger since last week and will be looking to NFP data next Friday . Gold reached a low and i think is a good buy at current levels for short term . Looking to short equities but not conformable at the moment  . S&P looking overbought at current levels .
Statistics
No change in long $UsdChf .
No change is short $GbpUsd.
No change in short $NzdUsd .
No change in short $EurUsd.
Sell Nifty Call for June expiry at strike 7500 
Statistics

Will update .....checking all results

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