Let’s talk about that insane 200-point Nifty spike at 3:30 PM today...
If you were staring at your screen at the closing bell today wondering what the hell just happened, you're definitely not alone.
I still can't get over what happened. What hurts the most is that this wasn't triggered by some major news or an unexpected event. It all came down to the new Closing Auction. It was introduced to reduce manipulation, but today it honestly felt like traders were the ones who got trapped.
Once normal trading stopped at 3:15 PM, huge institutional buy orders were pushed into a tiny auction window. Most regular sellers weren't even part of that process, so the exchange had no choice but to keep pushing prices higher to match those orders. Nifty shot up nearly 200 points in minutes.
The saddest part is that we had no way to react. Most broker apps don't show live auction activity. We couldn't see what was happening, couldn't manage our risk, and our stop-losses were practically useless during those final 10 minutes.
If you were carrying BTST, STBT, or overnight option positions, a trade that looked perfectly fine at 3:15 PM could suddenly turn into a disaster by 3:30 PM and you wouldn't even know what hit you until it was over.
Maybe it's all within the rules. Maybe it's completely legal. But it didn't feel fair. It felt like traders were left in the dark while the market moved without us.
Every few months we're told to adapt. We adapted to higher taxes. We adapted to margin rule changes. We adapted to tighter regulations. Now we have to adapt to this too? And on top of everything else, we're dealing with global uncertainty, tariffs, and all the madness coming from Trump related market headlines.
How many times are we expected to keep adapting before someone asks whether the system is actually becoming fairer for the people who keep adapting?
I'm not asking for easy profits. I'm just asking for a market where traders have a fair chance to manage their risk. We already pay higher taxes, bear increasing trading costs, and keep adapting to every new rule thrown at us. How much more are we expected to take?
Because honestly... I'm tired.
If you were staring at your screen at the closing bell today wondering what the hell just happened, you're definitely not alone.
I still can't get over what happened. What hurts the most is that this wasn't triggered by some major news or an unexpected event. It all came down to the new Closing Auction. It was introduced to reduce manipulation, but today it honestly felt like traders were the ones who got trapped.
Once normal trading stopped at 3:15 PM, huge institutional buy orders were pushed into a tiny auction window. Most regular sellers weren't even part of that process, so the exchange had no choice but to keep pushing prices higher to match those orders. Nifty shot up nearly 200 points in minutes.
The saddest part is that we had no way to react. Most broker apps don't show live auction activity. We couldn't see what was happening, couldn't manage our risk, and our stop-losses were practically useless during those final 10 minutes.
If you were carrying BTST, STBT, or overnight option positions, a trade that looked perfectly fine at 3:15 PM could suddenly turn into a disaster by 3:30 PM and you wouldn't even know what hit you until it was over.
Maybe it's all within the rules. Maybe it's completely legal. But it didn't feel fair. It felt like traders were left in the dark while the market moved without us.
Every few months we're told to adapt. We adapted to higher taxes. We adapted to margin rule changes. We adapted to tighter regulations. Now we have to adapt to this too? And on top of everything else, we're dealing with global uncertainty, tariffs, and all the madness coming from Trump related market headlines.
How many times are we expected to keep adapting before someone asks whether the system is actually becoming fairer for the people who keep adapting?
I'm not asking for easy profits. I'm just asking for a market where traders have a fair chance to manage their risk. We already pay higher taxes, bear increasing trading costs, and keep adapting to every new rule thrown at us. How much more are we expected to take?
Because honestly... I'm tired.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.