Seems like nifty will be in green on Monday as it took 61.8 % retracement

@Riyas_Ahamed Has such a situation ever happened before in any of the markets globally??
Would be really interested to read more on it, if it has.

happened in China when all of this started. Short selling was banned.

Yes i think they need to shutdown now. I never imagined I would say this.

Even index can go to zero not even joking LOL

@prash_u you dont know , its there in 2008 european market close for 2 days , indian market closed for 1 day full in 2008
american market ban derivatives in 2008 its all happened

1 Like

Be caution of SHORT COVERING Any time short will cover we dodnt knows , short covering will be an upper circuit only , FII will trap you be careful. so only analystic are warning retailer to stay away from market

Your SLM market order want work here , short covering or any big volatile means index price ill jump one price to another price the difference will be 5 % or more , i seen in 2008 . so never believe SLM orders in this kind of market

BE CAUTION or STAY AWAY For a month the dust will settele

1 Like

Agree Riyas…better to stay out of markets for sometime. mar 13th (bad day) may even see lower circuit break…

1 Like

@durgeshh , this time retailer will go short they believe market will go down further , because everything already priced in , the big upper movement is coming maybe next week or this month we dont know , this will enough wipeout the retail trader , i am sharing my experiance in 2008 , so i am warning stay away , market can fly anydirection , you cannot control, any position

one day is enough to wipe out your wealth in this kind of market

2 Likes

@Riyas_Ahamed i was not in markets in 2008 but this bloodbath looks scary…wonder how many investors are looking at their capital getting eroded.

This market situation
Be greedy when others are fearfull

Anecdotes are not worth the paper they are written on…

Lol… I’ve also did it…

Anyway… Let’s stop acting that we know answers for everything…

The bloodbath continues :fearful: :see_no_evil:

Shit… FREEZE… CIRCUIT BREAKER

NIFTY trading halted.

WOW!!

when will trading resume?

This notification from zerodha "The markets have stopped trading for 45 minutes owing to Nifty hitting circuit breaker. The markets will reopen at 10:05 AM and there will be a pre-open session for 15 minutes. Normal trading resumes at 10:20 AM.

Seems Like LIC stepped in , Market reversing!!!:slightly_smiling_face:

:slightly_smiling_face: Still waiting

INDIA VIX at 50++

those who sold calls are trapped

1 Like

next two month we have a pain then there only we have a sharp recovery