Re: Live discussion Saint's - 60 minute flow
Just an idea which I have been watching out of curiosity though I have not back tested this seriously. RIL charts lead NIFTY futures charts by a few minutes. If some pivots have to been broken then RIL does this first and then NF. Also RIL charts are an exaggerated version of NF meaning HIs and lows are more pronounced.
Maybe it will be a good idea to superimpose RIL cash charts ( 5, 15, 30 & 60) or even RIL fut over NF. See by how much time it leads. I think it should be between 1 to 5 minutes as NIFTY index software will not take more than few seconds to adjust to RIL's price movements and NF prices then react.
Just some thoughts which I wanted to share here.
Bee