We Forecast .Markets Decide ..

I am closing my sell #UsdJpy on profit ...I am taking a buy on the same pair of 1 mini Lot for a long term buy I am also taking a short future position on Nifty for April series with SL of 8775 Happy Trading 

Nifty bearish for the day and for this week . It has broken the level of 8600 and looks like to reach 8000 in the short term .. My Nifty sell call is in the money and will wait till expiry . Macros looking promising and I am positive on the Nifty for this year . Mr Rajan has already started to cut down rates which will enhance demand and growth for the economy . Inflation remains to be in control ..and we see how monetary policies try to curb inflation plus have growth .. Value picking my start around sub 8250 levels ..I recommend to start buying Nifty ETF around that level if you are looking for long term for 2-3 years . All eyes on the FED if they will increase rates this year ...there is a probability but i think it will still look for a strong growth this year ..My FX call on sell #UsdJpy is in profit and will look to close tomorrow morning ...Will look to buy again in small quantities around 119 levels as i think USD will continue to be strong in near term . I am now bearish on ...

Nifty is hovering around 8750 levels and looks weak in the short term . It was a fantastic ride towards 9000 and may consolidate in the next few months ..In case it closes below 8750 ..this week it may go towards 8600 . Best strategy is to sell out of the money calls for Nifty for March series . I am bullish on a long term view on Indian markets and we may see 10000 levels in 2015 - 2016 . RBI has helped the markets in cutting down rates for 2015 and will continue to do so for this year . Low interest rates make it cheaper to invest on projects and boost demand . Lot of activity happening around the world with US now likely to hike rates in the near term ,..Very skeptical about S&P and i see a decline to fair levels for this year ...It is around 2100 and may decline  towards 1950 in the short term .US economy is growing but gradually and other economies in its counterpart are not doing well which reflects in a stronger dollar ....I am bullish on the dollar for this year too...