Index closing is no longer fair. It has become a joke.
Note that I’m a trader who trades daily not just someone who’s posting anything without taking the heat. I’m taking the heat, and that’s why I’m writing this note..
Day before yesterday banknifty closed 500 points higher from lows due to CAS
And opened 600 points down on the following day.
Yesterday Nifty closed 100 points higher due to CAS
Today it has opened more than 150 points lower.
How one can decide whether the price closing is fair or not. Tell me how will the price followers are going to follow the price if we get closings like this…
I don’t know whether it’s manipulation or the error of the new system implemented. But I do know that as a retail trader it is affecting my trading a lot, day trading as well as positional trading.
#stockmarketindia #sharebazar #trader #trading #optionstrading #optiontrading #daytrading #intradaytrading #CAS #CASindia #Retailtrader #Indianstockmarket #Stockmarketsindia #CASsystem #nifty #nifty50 #banknifty #sensex #niftyexpiry
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