After Budget the stock market reacts very quickly. All the trend continue to get strength with Foreign Portfolio Investors (FPIs) and turn a net profit.The market continues to be high for 2017.

FPI to get the return in the market due to Budget.The domestic institutions and retail both remain positive. All trends whether it is short-term, long-term, intermediate looks positive.The FPI is helped to ease down the dollar.The latest statement by Federal Open Markets Committee assumes that the US policy rate will not be hiked until June. 

The Nifty Bank trading close high in its 52-week.On Friday the Bank closed at 20,371 and in 52 weeks it stretched to 20,575.

The Nifty is at 8,801. The Nifty sit at 8,800c (95), 8,800p (82) is unevenly priced, indicating extra positiveness. The market spread of long February 8,900c (50), short 9,000c (23) costs 27 and pays a maximum 73. This is roughly 100 points from money. A market spread with long February 8,700p (49), short 8,600p (29) costs 20 and pays a maximum 80. This is also 100 points from money. This pays an extra positiveness.

 A combination of long 8,700p, long 8,900c, short 8,600p, short 9,000c costs 47 and pays a maximum 53, with breakevens at 8,947 ,8,653. This result to have the positive position in the market. If this ranging trade continues the market get to fly high of long 8,900c (50), two short 9,000p, one long 9,100c (9) costs a net 13 and it could pay 87 if the index closes out the settlement near 9,000.  

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