General Trading Chat

ST Sir,

Please correct my understanding , the short was at touch and rejection the Weekly VAL as shown in the sketch.

Amit, my MP understanding and experience is very limited....may be XRay or someone else well versed will reply...

ST
 

princy01

Well-Known Member


8700 call chart

algo manipulation in the market

all you guys please read .............must read

guys sorry but todays nifty future spike of around 40 points making high of 8680 seems to me due to my stupidity , its funny as well as very very discouraging and concerning , i had 3800 qty of 8700 calls sold yesterday and i dont know why but i wanted to cover it in the morning as i thought market may start with a bang and go higher much higher , so i put 8700 call buy price at 40 rs as i didnt want to keep changing price if order is missed , for me i put it like a market order price , ....................now 8700 call opened at 13 rs around and i was surprised and confused , so in next 17 seconds when it was still quoting 13-14 rs i put my buy order , and guess what , buy came at 19 rs around last price of mine was even 19.45 rs and high made is 19.90 only , so its entirely possible that it was all due to my order punching in morning during low liquidity time , so i strongly believe ............algos seen my order of 40 rs buy , it also spiked price for my worst price buy at 19 , and due to all this activity all calls 8600 , 8700, 8800 plus nifty future spiked for 1-2 seconds making those 1st candle spikes .future spiked till 8682

algos are very cruel and fast and today is a great example imho.........................i might be wrong but i think i am probably not .

please share your views
 
Last edited:

XRAY27

Well-Known Member
ST da and Amit !!

Please carry on the discussion on the thread designated for MP/VP, so that it will be helpful for people who want to learn that !!! Once my position is clear i will present my view on this !!!
 
ST da and Amit !!

Please carry on the discussion on the thread designated for MP/VP, so that it will be helpful for people who want to learn that !!! Once my position is clear i will present my view on this !!!
Will shift these posts there...did not want to clutter that thread with our inexperienced rants...:D

ST
 

XRAY27

Well-Known Member
Will shift these posts there...did not want to clutter that thread with our inexperienced rants...:D

ST
Da !!! I also not reached any expert level :D ..but just trying to present with simple terms what i know !!!

Lot more is there ,, once this level is clear i will move on !!! Hope more expert will join then !!!
 

bpr

Well-Known Member


8700 call chart

algo manipulation in the market

all you guys please read .............must read

guys sorry but todays nifty future spike of around 40 points making high of 8680 seems to me due to my stupidity , its funny as well as very very discouraging and concerning , i had 3800 qty of 8700 calls sold yesterday and i dont know why but i wanted to cover it in the morning as i thought market may start with a bang and go higher much higher , so i put 8700 call buy price at 40 rs as i didnt want to keep changing price if order is missed , for me i put it like a market order price , ....................now 8700 call opened at 13 rs around and i was surprised and confused , so in next 17 seconds when it was still quoting 13-14 rs i put my buy order , and guess what , buy came at 19 rs around last price of mine was even 19.45 rs and high made is 19.90 only , so its entirely possible that it was all due to my order punching in morning during low liquidity time , so i strongly believe ............algos seen my order of 40 rs buy , it also sliked price for my worst price buy at 19 , and due to all this activity all calls 8600 , 8700, 8800 plus nifty future spiked for 1-2 seconds making those 1st candle spikes .future spiked till 8682

algos are very cruel and fast and today is a great example imho.........................i might be wrong but i think i am probably not .

please share your views
If you would have put market order I think you would have got a much better fill. Not sure though.
 

Similar threads