Hi,
I need to understand the charting procedure for futures. Lets take gold for example on the MCX.
- One contract expires 5th dec 2006 and one 5th march 2007. Now when dec will expire will the data of the march expiry be plotted on the chart on which the december expiry was being plotted and the new expiry june be plotted on the chart on which march was being plotted.
- So because of this there might be gaps.
- Similarly in shares we have 3 months chart for eg ACC. Right now we have three contracts sep, oct, nov. Sept contract will expire on 28th of this month. So on 29th will the chart for october( which will then become the current contract) be continued on the chart of september.
I think this is what is happening on viratech data. Is this the normal procedure. Please explain.
Rgds
Rahul
I need to understand the charting procedure for futures. Lets take gold for example on the MCX.
- One contract expires 5th dec 2006 and one 5th march 2007. Now when dec will expire will the data of the march expiry be plotted on the chart on which the december expiry was being plotted and the new expiry june be plotted on the chart on which march was being plotted.
- So because of this there might be gaps.
- Similarly in shares we have 3 months chart for eg ACC. Right now we have three contracts sep, oct, nov. Sept contract will expire on 28th of this month. So on 29th will the chart for october( which will then become the current contract) be continued on the chart of september.
I think this is what is happening on viratech data. Is this the normal procedure. Please explain.
Rgds
Rahul
