What Lies Ahead Today

Is decoupling going to move the other way round
Bulls must be remembering the good old days when on any given day the
US Markets would close down by a big negative, next day Emerging Markets too would open gap down but fill in the gap by the time market closes and even post some gains minting in gains for the bulls who bought in at any point of the day, now the table seems to be turned in favour of the bears, US markets post handsome gains, Next day Emerging Markets (in Asia) Open Gap up but by the time market closes all the gains are given up and the bears who shorted the Market at any point of the day gain handsomely.
Now that the US Dow Jones has closed on Thursday with 262 points gains can the Indian Markets open Gap up and maintain the gains, as of now it quite difficult to try to predict the Markets as of today so taking a break.
Some Rough thoughts
Nifty 4600 Put might yet again trade in a range of 60 -80, only if it sustains above 90 for 10 – 15 minutes it is likely to move up and target 120.
Nifty 4600 Call too might trade in a range of 60 -80 and any sustainability above 90 can take it towards 120.
Lastly its better to avoid trade as of today.