I think it is absolutely brilliant that MCX is launching the nat gas options. Hope there is a strong volume too.
The following is the plot for Nifty Futures. I have a strong feeling, based on observations of the chart that it is on a downward journey. I have a few fundamental and also historical observations as well for this based on analysis of previous data.
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Insane stuff going on! All segments seem to be down on NSE. I am not trading, just watching. Just imagine if everyone had open positions? NSE needs to own up to this huge blunder. Inexcusable in this day and age.
I wish the currency futures markets are open till atleast 7 pm India time. I know this is more of an exchange related issue. I have been watching the markets for a while and I feel that like MCX we should also have an evening session. There was a huge spike in USDINR contract post 5 pm. And anyone holding shorts are smashed. If only we have an evening session, that will result in probably lesser gap ups and gap downs. It is my personal opinion.
Which is more likely? Cash markets influencing the futures markets or vice versa? More so in the scenario from tomorrow with reduced intraday leverages? Thanks.
With SEBI's introduction of reduced intraday leverages from Dec 1, I am assuming the volumes will go down. Range contraction might also happen because of reduction in intraday margins. It is bound to happen and we might see some strong and jerky moves all of a sudden. But it needs to be seen.
What do you guys think?