Problem is most of traders have bought calls on Friday. Now they are trying to convinced their mind that nifty will gap up on Monday or atleast won’t crash.
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Poll suggests most are bearish.
7 votes out of 13 above Friday close Price.
Nifty falls 1% without war.
Nifty falls 1% with war.
Nifty falls anyway.
Price action since the last 18 months have become choppy and could suggest that we are headed towards a market environment with poor liquidity which will result in more spikes, gaps, and inconsistent price structure formation due to a market getting shallow.
ASM, GSM, circuits, taxes, STT are all culprits for Indian markets to not have global standards of liquidity.
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@thisisbanerjee this is all weather market -
FII short position is 81% in nifty
Client 65% Long
Retail slaughter will observe all shock -FM 
including STT
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allowing
so much for sovereignty. Who is ordering though? Reliance stopped in January. Is it old news?
All the oil refinery companies will start buying.