Friends,
The price difference between had been increasing for weeks now, from today, I observed it narrowing a bit and hence my suggestion.
Even 200 pts profit will be a good trade but, need patience. Also, be prepared for worst case as well.
Good luck Amit.
The price difference between had been increasing for weeks now, from today, I observed it narrowing a bit and hence my suggestion.
Even 200 pts profit will be a good trade but, need patience. Also, be prepared for worst case as well.
Good luck Amit.
Code:
Date Gold GoldM Diff
01-Aug-13 27934 27905 -29
02-Aug-13 28068 28058 -10
03-Aug-13 28047 28034 -13
05-Aug-13 27856 27860 4
06-Aug-13 27614 27631 17
07-Aug-13 27677 27690 13
08-Aug-13 27913 27916 3
09-Aug-13 27900 27904 4
10-Aug-13 27906 27909 3
12-Aug-13 28923 28931 8
13-Aug-13 28882 28894 12
14-Aug-13 29186 29193 7
16-Aug-13 30755 30797 42
17-Aug-13 30840 30863 23
19-Aug-13 31165 31181 16
20-Aug-13 30812 30819 7
21-Aug-13 31444 31444 0
22-Aug-13 31140 31141 1
23-Aug-13 31905 31907 2
24-Aug-13 31756 31771 15
26-Aug-13 31876 31869 -7
27-Aug-13 33715 33744 29
28-Aug-13 33405 33398 -7
29-Aug-13 33650 33649 -1
30-Aug-13 33034 33057 23
31-Aug-13 32989 33002 13
02-Sep-13 33064 33099 35
03-Sep-13 34439 34471 32
04-Sep-13 32604 32636 32
05-Sep-13 32218 32311 93
06-Sep-13 31861 32003 142
07-Sep-13 31884 32039 155
09-Sep-13 31540 31657 117
10-Sep-13 30753 30890 137
11-Sep-13 30682 30876 194
12-Sep-13 30047 30289 242
13-Sep-13 29571 29915 344
14-Sep-13 30128 30566 438
16-Sep-13 29787 30295 508
Actually price difference has started increasing from 5th Sep (last expiry of GOLDM contract).
Both above are closing of 5-Oct contracts. Such difference never existed & more than earning, I'm interested in learning reasons for such high price difference.
Regards,