I am starting this thread in a endeavour to understand the correlation between International markets ,and in particular the effect of previous days market effect
of foreign exchanges (namely NYSE or NASDEQ )on our beloved NSE / BSE .I am not looking at adhoc occurrances which cause a market to fall ,correspondingly causing a ripple effect internationally .This is just to try and understand if there is any technical correlation between the market action in a foreign market and its effect on our market .This could possibly help in intraday trading, if you find a market bias ,correlating to market activity of a foreign exchange. I would encourage anyone who has conducted a similar study or has any information in 'correlation' to this to 'post' out here .
of foreign exchanges (namely NYSE or NASDEQ )on our beloved NSE / BSE .I am not looking at adhoc occurrances which cause a market to fall ,correspondingly causing a ripple effect internationally .This is just to try and understand if there is any technical correlation between the market action in a foreign market and its effect on our market .This could possibly help in intraday trading, if you find a market bias ,correlating to market activity of a foreign exchange. I would encourage anyone who has conducted a similar study or has any information in 'correlation' to this to 'post' out here .