Nifty near support : S&P rebounds : Asia markets Flat

Sorry for not blogging for quite long . As per my last post I had taken a Sell Nifty Call at strike 7500 which ended in profit [Nifty closed at 7512 on expiry].
Nifty climbed around 7600 levels and there is a strong support around 7670 levels . Expect volatility to pick up from this week onwards due to Finance Budget due on July 11 , everyone is expecting a change in reforms and if they meet we may see Nifty to a new level , it can also turn lower in case it disappoints . Overall macro indicators still don't point to a buy , we should also see how monsoon behaves in the near term . Is this a pre -budget rally , I don't want to comment but investors looking for a long term may buy at current levels . I expect the markets to fall for the last time somewhere in July and August and then be bullish in 2015 . No change in my Sell Nifty 7700 levels for July , keep watching my posts in case that level is threatened .
US equities were back on track this week , S&P gained today on reports of good housing statistics . We will see lot of data coming up from tomorrow on manufacturing , auto sales and payrolls data this Thursday . Earnings season also starts from July onwards and traders will be assessing data to take positions . US dollar still under pressure due to bad GDP numbers . Overall US growth looks promising and already long dollar since start of 2014 . Asian markets flat and will take cues globally , Yen was strong on good industrial data last week . No change in my currency positions .
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 strike 7700 July series
Statistics

Will update .....consolidating results ...

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