RIL's rate update problem!!!!

Hello, after yesterday's RIL result, short covering was inevitable. But today that did not happen because of some NSE f/o rate update problem in the first 30 minutes trading. Result RIL did not buzz!!!! Again, RIL's first hour high at 1325(major target level)!!!! And, nifty spot first hour high at 2765(major tgt level)!!!! And, sgx nifty feb open at 2924(major tgt level)!!!!
ALL ARE JUST COINCIDENCES!!!! OR I AM GETTING MAD

why u call them targets??
those are levels for initiating fresh shorts...


Nifty spot is calculated using the set 50 stocks. Reliance has a bigger weightage in it. So, a freak trade at open resulted in a similiar freak calculation....
Same freaky trade with SGX Feb today...

May be a coincidence or what - but why should we bother???

If u r getting mad (as u said), then think of the guy who actually BOUGHT RIL at 1335 & the other one who bought SGX Feb @ 2924....

One can argue that it might be a short-covering buy order, but RIL's freak trade happened in CASH market - one cannot carry over a positional short trade (like done in FUTURES market)... even if we take it as a STBT (sell today, buy tomorrow trade) that guy has made a loss - can't say about the quantity.

These freak trades have happened on some occasions earlier too.... maybe a result of mis-type on the keyboard or whatever....

Enjoy the expiry week!!!
(as mentioned in your other new thread)

Thx for the reply, appreciate it. JUST WONDERING WHY RIL F/O PROBLEM OCCURRED TODAY. AFTER YESTERDAY'S MASSIVE OI BUILT UP IN RIL FUTURES AND RESULT ANNOUNCEMENTS. JUST CASH MKT BUYING TOOK IT TO 1175. SHORT COVERING IN FUTURES COULD HAVE TAKEN IT ABOVE 1200!!!! OR WHO KNOWS

F&O problem was not just for RIL but also for all stocks till around 10:15 - 10:20

something fishy...

let's see what happens on Tuesday....
Ideally, Nifty spot should not go below 2600 on atleast that day.

Any idea why vix tanked today!!biggest fall after october low!!that explains why option premiums tanked today. But why?? Would appreciate comment on that.

I know only one VIX specialist in this forum - Alex_Laxya

Here is his one of the posts about VIX (he regularly updates in this thread)
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