Saint,
One more stupid doubt from me...wanted to ask you since last few days, but always hesitated as I may get ridiculed (not by you though).
Here it goes.....Many times I have observed that whenever the markets open with a Gap Up or Down....there is a big disconnect between the Nifty Spot and Futures price...guess because of some panicky sales by the party on other side.
So what I want to say is, why not expliot this disconnect. if Nifty spot opens at 4178 (first 5 min high) whereas the Futures make the high of 4230, can we add when the spot crosses its high??? vice versa in case of shorts.
I know we trade the futures charts and all that stuff...but
Im sure you understand what I mean...but before anything....this will again be a tweak used in only very few conditions.....
Pl let me know your views.
Rakesh