SHILLONG :: As usual after proper analysis, on the day before, anticipating a bounce Bull Call spreads for Finnifty and Sensex were executed.

Finnifty with R:R of 1:1.5 was carried as positional trades

1. FINNIFTY 16 JUL 23550 CALL Buy -2Qty
2. FINNIFTY 16 JUL 23700 CALL Sell -2Qty

Along with SENSEX with 1:1.2 R:R was also carried

1. SENSEX 12 JUL 80000 PUT Buy -1Qty
2. SENSEX 12 JUL 80200 PUT Sell -1Qty

Little did I anticipated was what was about to happen, market opened in green, but, as a discipline trader I didn’t book it opened with around 1.5K profits in the book. As I waited suddenly, at exactly 10:55am as Sensex suddenly spiked and surge, my P&L achieved the target. It is here everything went haywire.

A big volume pumped the SENSEX up, as my targets are hit I started punching my exit orders. NSE orders got exited but BSE orders all went haywire, my sell leg got exited but my buy leg with profits got stucked due to issue at BSE.

Being my first experience of glitch at exchange, I started panicking exiting the orders randomly but to only be alerted with error as below:

From a profit of 4.1K approximately it has decimated to mere 124 Rupees only, and finally at 856.00 I could close at 11:26am. I sighed relieved to finally be able to close before it could bleed but sad at the same time as my profit from 4K has been wiped out thanks to BSE India.

The orders of panic

The Surprise

As I was trying to sink in with the guilt of loosing a winning trade just because of someone’s fault, something strange happened at the order book, a sell trade of 80200 Put at the rate of Rs 203 got executed by itself or may be by BSE at 13:27pm, and I got a surprise kick back of Rs 2.7K profit and I have book the same at 14:09.

The Final P&L

One way I am happy that I got back the profit, other way I am scared if trades can happen on its own means my money is not safe.