The Nifty Trading Lounge

[Blitzz]

So this was a trailer ?

Looking forward to Monday and Tuesday..

 

[timepass]

So this was a trailer ?

Looking forward to Monday and Tuesday..

Depends on Reliance results. Last year, after the freak trade, nifty actually went UP for a while before sliding down.

 

[Taurus1]

Mock Trading session on Saturday, 21st April, 2012
http://www.bseindia.com/cirbrief/ne...-13&dt=4/16/2012&icount=13&totcount=18&flag=0

 

[Taurus1]

10 facts on the flash crash in stocks today
http://profit.ndtv.com/News/Article/10-facts-on-the-flash-crash-in-stocks-today-302469

Traders said it appeared to be a case of a dealer looking to sell both Nifty futures and Infosys futures in the National Stock Exchange (NSE), citing an examination of the unusual price and volume action. However, while inputting the trade, the dealer is believed to have neglected to put in the selling price, according to these traders. That meant futures for both trades were sold at the best available selling prices at that time when the order book was shallow.

Considering the volume needed to drive it down that much, this has to be one of the best weekend jokes so far.
It has only exposed just how many buyers there really are ............

 

[MurAtt]

Please to note :-
1. That Infy Futs low was not simultaneous with the NF lows. Infy low was visible pretty early in the morning.
2. The sell was for approx 17.6 L contracts and i'm sure that is huge and not shallow.
The exercise has taken off all stops of longs and executed a lot of stop shorts.

Fwd as received

Algo trading error - clsa
Sold 17.60 L - avg 5246 in 4 second 
Rate and time of the trades
Time
2.25.36- 5249.5.
2.25.36- 5249.5.
2.25.37- 5077 
2.25.37- 5225.9.
2.25-38- 5000.
2.25.38- 5251
2.25.37- 5077
2.25.37- 5225.9.
2.25-38- 5000.
2.25.38- 5251

 

[sumosanammain]

Please to note :-
1. That Infy Futs low was not simultaneous with the NF lows. Infy low was visible pretty early in the morning.
2. The sell was for approx 17.6 L contracts and i'm sure that is huge and not shallow.
The exercise has taken off all stops of longs and executed a lot of stop shorts.

Fwd as received

Algo trading error - clsa
Sold 17.60 L - avg 5246 in 4 second 
Rate and time of the trades
Time
2.25.36- 5249.5.
2.25.36- 5249.5.
2.25.37- 5077 
2.25.37- 5225.9.
2.25-38- 5000.
2.25.38- 5251
2.25.37- 5077
2.25.37- 5225.9.
2.25-38- 5000.
2.25.38- 5251

Its 35200 contracts buddy, multiplied by 50. 17 lakh contracts in 4 seconds would take nifty down to circuit many times over if permitted.

 

[MurAtt]

Its 35200 contracts buddy, multiplied by 50. 17 lakh contracts in 4 seconds would take nifty down to circuit many times over if permitted.

ohk - thanks - thught it was 17.6L contracts --- well I would've been happier with the 17.6L contracts and 2 lower circuits considering the no of PEs I'm (oops .. was) holding

 

[bthakwani]

Please to note :-
1. That Infy Futs low was not simultaneous with the NF lows. Infy low was visible pretty early in the morning.
2. The sell was for approx 17.6 L contracts and i'm sure that is huge and not shallow.
The exercise has taken off all stops of longs and executed a lot of stop shorts.

hi SM,

does a stop short mean a short trade executed just when a long trade's stop loss is executed..? is such an option available in any of the softwares brokers provide us or is it something only the big guys have..?

 

[Smart_trade]

hi SM,

does a stop short mean a short trade executed just when a long trade's stop loss is executed..? is such an option available in any of the softwares brokers provide us or is it something only the big guys have..?

This means going short if a particular price is reached. This is simple.....you can put a stoploss order of double the quantity of your long position. if you want A Stop And Reverse action.....or you can put a stoploss order with lower trigger price and protection....like any stoploss order so your long positions will be sold at a particular price and short trade opened at a lower predetermined price. It is available in all the front end terminals....

Smart_trade

 

[sudris]

Mock Trading session on Saturday, 21st April, 2012
http://www.bseindia.com/cirbrief/ne...-13&dt=4/16/2012&icount=13&totcount=18&flag=0

uhh oohh... seems BSE is late to support the new HFT platform.

and following the footsteps is NSE, all set to synchronize the HFT orders with BSE

NSE live session next Saturday, April 28.
http://www.nseindia.com/content/circulars/CMTR20561.pdf

@ Taurus, you must have been the happiest man on friday :thumb: