SPY breaches ATH!
Nifty finally in gap filling mode, when all indices elsewhere are hitting ATHsâŠ
Israel, the USA, and Japan.
Korea too. And thatâs after like 30% yearly returns. Even HSI which nifty usually closely follows is up
- Aye
- Nay
And today is SENSEX expiry too. Coincidence?
Or will the world follow again?
Who knows?
May be US markets also will be flat today. Everyday we should go in same direction? Then it would be very easy for traders na. 90 percent wouldnât make losses.
I even booked some profits yesterday and somebody must have bought it yesterday. Without having conflicting opinions, trade is never possible. Also, I have bought a little today in this dip.
I donât understand the need to nag about literally every move.
Youâre always misrepresenting my claim. My claim was never about going in the same direction as yesterday. Itâs about going in the same direction as the world indices. And that was the case except as documented in last sensex expiry interaction and the current expiry as well. It doesnât seem to be coincidence. Sensex seems more manipulated than nifty.
And why should it go in the same direction. Why canât it just be random?
Iâm not saying it should. Iâm saying it does go in the same direction as the world for the past month EXCEPT on expiry and thatâs what I observed in the expiries and that was documented here by me in the last two expiry. Iâm just pointing out the obvious dissonance. Once is random. Twice is coincidence. Three times is enemy action. Pretending everything is random wonât help anyone win the battle and in a real battle, the enemy would love for you to believe that.
Cool. So next expiry letâs go against the trend in global markets and make a lot of money. ![]()
Now that itâs documented here, I guess JS will read this and they will reverse again. Damn. ![]()
You stole my sarcasm
If they were predictable, how would they make money? We can only tell there is a deviation from normal market activity but not the direction or the magnitude.
I am making money. So in my opinion the market behaviour is normal. I would say itâs not normal when I lose.
Another level of sarcasm.
Tell me how many times more your current return, you would make if you were able to move NIFTY by just 50 points on expiry.
Never quantified. Itâs not relevant too.
I am just saying the market is normal. I accept it the way it is than keep blaming every second person and factor.
For me if market goes to 18k itâs not normal. But even if we go there, I wonât blame anyone.
If I am into derivative segment I signed up for this game. Either follow the rules and play or just donât play it. Thatâs my rule.
If I wanna play ipl I canât say ipl is not normal because it has impact sub rule which isnât there anywhere in the world.
Whatâs existing is normal.
So if someone/group of someone was able to move NIFTY by say 200 points in 5 minutes on expiry and they use that to gain in options, thatâs normal for you? Do you believe sebi shouldnât flag or take any action against that someone/group? Are those the ârules of the gameâ everyone agreed to play by?
If itâs against the rules then yes.
Are they having exposure in excess of whatâs allowed by SEBI? If they are then obviously they should be penalised.
If not then itâs part of their strategy. How can you say itâs manipulation if they are playing by the rules laid down?
Honestly I do not know whether they follow the rules or not and I am not even supporting them. But I am saying it shouldnât matter to us.
If you know this game is cheating why are you still playing it. Just donât play instead of crying here itâs cheating cheating.
Iâm saying they are not. They can obviously organize to bypass any exposure restrictions.
It matters because the the moves you make depends on it.
I could say the same: why are you crying random random? If you can win even if people are cheating keep playing. if those of us who understand the truth chose to make it widely known, what is it to you? In my game view, you should accommodate and account for their cheating to play with better odds. Simply ignoring cheating doesnât work. The entire world is rigged and you should play the cards given to you. You canât quit until you die.
Tell me, how would âtheyâ do that intentionally? It seems you yourself believe âtheyâ move the cash market intentionally to profit from derivatives. Yet, when I say the same,
you always take issue with that. Is it because I used the word âJaneâ instead of âtheyâ or some vague term? Or do you believe itâs not against the rules? Or do you just want them not known publicly? Do you just want to give the illusion of a market where no one can move the index and thereâs no manipulation? Why?