Dear OT,
I strongly believe that there is a nexus between FII's and Pro's.
So it is the poor Retail clients who will loose their shirts end of the day.
The below data is based yesterday day trading volumes.
It is the poor retail who are short Nifty,Short call and long puts.
The Pro's are hedged with long in call and short put - see the over all hedge ratio.
Nifty Long/Short Call Put
Retail -23102 -55737 93043
FII' 45375 11853 -51982
Pro's -19665 43384 -41185
Based on OI clients are still long.
Trading holidays may not change trends but they may bring events which can break trends or worse , reverse them. An additional 24 hrs of market suspension ( remember the global mkts will still be working) can wreak havoc given the line up of events we have in the coming week and our shaky currency situation.
you seriously believe markets are/ can be, manipulated ? do you really think there is a nexus between FII AND PROS?
do you believe in god?
i don't , because god dont exist , we create it , because as a curious animals as we are (the humans) we need answers to stuff we observe , and if there is no answers , it doesnt make any sense to our brain, we feel unsatisfied ,we feel uneasiness , just doesnt feel right , so to pacify the mind from the biggest question ,"the existence of universe and earth" god was created in the minds by our pre historic ancestors
same way , we cannot accept the reality that markets are totally natural, random and chaotic(though there is also order in this randomness ,which we can see by technical analysis ) so our minds has to make up for the un-explainable events and moves in the markets ,
for that we look for news that may have triggered the moves , which basically is not a fact , we create our own reality , that reality also reflects in the prices(for very very short term from 0 minutes to max 3-4 hours without violation of major support resistance) ,by the people who think that , yes certain news ,if comes , will be positive/negative for the markets , and those people on the arrival of the news take their chances to make position at the time , when you see some up or down movement of the markets , but that move mostly is very very short lived and lasts upto from 0 minutes to maximum 2-4 hours(biggest of news items ,and mind you very very rare ) , when those stupid people have done what the thought they ought to , markets does just what it ought to .but its mostly seen that in those times too markets do not take out the major support resistances created on the charts , (the main trends never change with news )
not only this in real life also we create reality for ourselves , Stephen hawking talked about it in his book "The Grand Design" , though this was observed by scientist much earlier , in the field of quantum physics , and in turn in our universe and in our life
https://www.youtube.com/watch?v=DfPeprQ7oGc
watch this amazing video , on how we create a new reality
also do you know the fractal information of the cotton prices daily chart for some 100 years data(which covered 2 world wars , depressions , progressions , droughts and what not), , has been found exactly same as the fractal information , of the Mississippi , Ohio rivers upto the 3 or 4 decimal points , which means the price is a function of the natural movements of the markets regardless of any news , or economics of a country , watch a phd GUY BILL WILLIAMS TALK ABOUT IT in the video below , watch upto atleast 22-25 minutes
https://www.youtube.com/watch?v=9tTq12QoaMA
