Came out of Nifty Sep short 350 with a positive of 24000.
Logic : Reducing spanish 10 year yields.
Also took 1 Long Nifty 50 and 1 Dow Long 25. Expectation was with ECB announcing bond buying there will be a short covering rally tomorrow.
So far seem vidicated as FTSE up 57 and Dow up 150 points with a whole day of trading left.
Hopefully will exit LOng with + 5k tomorrow.
Since Europe has delivered I guess FED will not ease now unless payroll results are very bad tomorrow (expectation is opposite). If FED doesnt ease markets will fall.
I guess will start shorting Nifty again after 5300 all the way to 5500. THis time will target Nov series and will try to increase average to around 5400.
Lets see.
Logic : Reducing spanish 10 year yields.
Also took 1 Long Nifty 50 and 1 Dow Long 25. Expectation was with ECB announcing bond buying there will be a short covering rally tomorrow.
So far seem vidicated as FTSE up 57 and Dow up 150 points with a whole day of trading left.
Hopefully will exit LOng with + 5k tomorrow.
Since Europe has delivered I guess FED will not ease now unless payroll results are very bad tomorrow (expectation is opposite). If FED doesnt ease markets will fall.
I guess will start shorting Nifty again after 5300 all the way to 5500. THis time will target Nov series and will try to increase average to around 5400.
Lets see.
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