Welcome Guest! To enable all features please Login or Register.



Go to last post Go to first unread
#1 Posted : Sunday, November 7, 2021 9:33:54 AM(UTC)

Rank: Advanced Member

Groups: Registered, Registered Users
Joined: 2/19/2012(UTC)
Posts: 100

Thanks: 1 times
Was thanked: 1 time(s) in 1 post(s)


       I trade the Indian Stock Market---National Stock Exchange (NSE).On the occasion of Diwali ---which is an important Indian Festival---NSE carried out a special one hour trading session in the evening 6pm-7pm. This is a trading session significant for it's ritualitic meaning and is known as "Muharrat" trading. I am neither  supporting or condemning this practice.What I am concerned about is that the intraday data vendors have added the extra hour to their data. Obviously the closing price has changed for the individual securities together with the volume and the duration. 

My question is ---in what way will it affect the technical analysis indicators which use these parameters for their calculation?Will they give a flawed reading?Will the Elliott Waves change? Should I stop trading for four or five days for the data to come back to normal?Or should I carry on regardless?

Please advise me on what to do.



Users browsing this topic
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.