Nifty races : Asian markets weak : S&P flat

Nifty raced to a new high and closed near 8200 mark . we might see some resistance here and see some profit booking at these levels . No change in my Nifty positions as I am in profit and  will wait till expiry . Most of the gainers were among mid cap space and this bullish momentum will be till 2015 . I am still not happy on the overall growth about the economy as growth is still picking up and the bullishness in the market is due to FII are in buying spree .  Nifty may move as per global cues and will be looking in Oct  for earnings report .
Asian stocks weak on opening as dollar surged against yen yesterday , investors are more concerned because of political issues worldwide . News to watch is the Scottish referendum for independence and Ukraine crisis . EU has already got a hit on their economy due to sanctions imposed over Ukarine and Russia. Coming to currencies dollar has gained across the board with Euro and Pound being hit the most . NFP numbers were not so great last month and US taking a break before it surges ahead . S&P flat with no signs of tiring . I have taken a buy on $UsdJpy after it reversed on my sell position published last week . I am looking to book profit around 105.8 and take a sell again .
Strategy 
Sell Nifty Put 7900 @50 Sep Series
No change in long $UsdChf .
No change is short $GbpUsd.
No change in short $NzdUsd .
No change in short $EurUsd.
 

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