Delivery in commodities and futures/ options

There is a distinct difference in trading commodity futures and equity futures and options in India and in other foreign markets.
Here in India when your futures ( both commodity and equity) and options are about to expire , if not traded are squared off automaticaly by the exchange.This is as opposed to the practice in foreign markets where the commodity or the equity shares are delivered physically.
The technical analysis rules by which we trade Indian markets mostly have origin in foreign bourses.
Technical analysis is nothing but mathematical applications of mass trading psychologies.
In India since there is no physical delivery the mass psychology is bound to be different.
My question is -- can the same technical analysis tools be applied to these Indian markets since the trading psychology for reasons stated above is different?
Can someone please comment on this?

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