Yes, I was aware of the news. But I want to know why the difference between the stock price and future's price. Please make me understand. I am newbie.
Also, I see that various brokers offer detailed historical stock charts. So based on that if I do technical analysis and try to trade the company's futures, it will be disastrous.
For instance, say yesterday based on technical analysis I decide to buy 100 SHARES of INFY at the closing price of 3645, which was almost the same for INFY oct exp futures. Then say, based on technical analysis I had kept my stop loss at 3600, than I would have had a super profit today.
However, if I had done the same for INFY OCT EXP futures, then the stop loss would have been hit right at the open of todays session.
So basically, it is faulty to trade future's charts based on technical analysis of a stocks chart. How do I solve this problem?
Thanks
Thanks