Index closing is no longer fair. It has become a joke.
Note that Iโm a trader who trades daily not just someone whoโs posting anything without taking the heat. Iโm taking the heat, and thatโs why Iโm 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 thisโฆ
I donโt know whether itโs 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