Relation between futures price and spot price

I have been trying to findout the price movement between futures price and spot price of stock. I may mention that i am in a category of long only traders. i never short a stock. I want to buy stocks (in cash market) on the basis of futures price movement and then sell it once I generate a profit of 5 to 10 5 . Can someone guide me in this regard

Hello, Cash (spot) and Future are 2 different trading segments. As you might be aware that we purchase lots in Futures, the price of which is related to the bidder and seller in the Futures segment of the stocks, on the other hand in cash Market, the price is depended on the bidder/seller in the cash Market.

You could observe a stock in the Future segment and enter it in Cash, since both of them are always inter-related (there could be a difference of upto 1% depending on the trading)

Can i trade intraday in future?

Yes you can trade in futures for Intraday

I also have some quries if seniors have time please contrubiute:
today 7th july tata motors future has -20 rupees difference than its spot price whereas RIL future +4 rupees

is it giving any signal of trend,volatility cost of carry..what is the implied meaning how to disect to form an opinion: I remember last time dowjones future was down 200 points even spot was in very tight range. Does tatamotrs future price is telling something. I know for seniors its a peace of cake but for us these are torpedos
regards,