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...

Markets were green all over the world with Nifty and Asian stocks ending higher . It was a new high for the Nifty and it may race towards 8500 . I will continue to hold my sell Put position until expiry . Analysts remain upbeat on India for 2015 and expect Nifty to reach the magical figure of 10k . Oil prices remain low for the quarter , hence cooling up inflation and an opportunity to Mr RBI to reduce interest rates for the first time . Traders will now watch for September IIP numbers and CPI data . Looking to consolidate around 8500 levels . S&P was trading near 2038 [when i write this post] and will remain in positive till the day . I am also bullish on US equities and the dollar for 2015 with the index may reach 2100 levels in the new year . Good earnings season from the US with good employment figures for the last 6 months makes a positive scenario for investment in the US . No specific news in the next few days as the calendar is light for this week . I continue to hold sho...

Nifty was flat this week around 8337 , I still think it can go upto 8500 levels before taking a break .We have seen a strong up move for the last 6 months ..I see a strong growth story and will remain bullish in India in 2015 . Manufacturing and Services do not show satisfactory move even now though the markets have gone to that level .I remain upbeat on banking and Pharma stocks , nice earnings this season but i still think Q3 numbers will be better than previous quarter. I have taken a Sell Nifty Put position @25 for 8000 Series .  US stocks remain higher and I will be bullish in 2015 not because of free money used but because of strong growth in US . Last 2 quarters have shown impressive growth in US and Fed has finally ended their QE 3 program . They will be looking to raise interest rates in Q1 2015 . Dollar has gained substantially over the last 3 months and all my long dollar positions were in profit . I have closed half of my positions and will look to add only when...

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 gre...

I am going short on $UsdJpy @105.06 .. for a target of 104.6 I have also closed my $EurAud long positions at 1.4177 at profit