Comment on Trading from the charts - Pi

Sukesh commented on 18 Jun 2015, 09:25 PM

Hi Nithin,

All the stock brokers I have come across till now squares off all their client’s intraday open position at 3:20PM.

This makes me logically assume that a huge number of market orders should be fired exactly at 3:20PM and as a result there should be a considerable upward or downward spike in the market exactly at 3:20PM however as far as I have seen it has never happened this way.

Trading graphs have been quite smooth at 3:20PM mark on most of the days.

Is this because retail participation in Indian capital markets is very low or is there some other reason for it?

Thanks
Sukesh

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