INFRATEL - CUMMINSIND Pair Analysis
home > strategies > pairs-trading
End-of-day divergence (Standardized residual) is -1.36.
Half life of pair is 9.57.
Real time (live) divergence is calculating using following formula:
[cumminsind_price - (2.08 * infratel_price) - 6.01]/67
(where 6.01 is mean error and 67 is standard error)
Technical strength of INFRATEL is 7.25. (Support & Resistance)
Technical strength of CUMMINSIND is 5.7. (Support & Resistance)
Stop Loss: Put your stop loss when divergence becomes more than 3.0 or less than -3.0. We suggest you always use stop losses.
Note: When you trade in futures, keep in mind the expiry date of futures as divergence might not end before expiry date.
Click here to see all recommendations for pair infratel-cumminsind.
Half life of pair is 9.57.
Real time (live) divergence is calculating using following formula:
[cumminsind_price - (2.08 * infratel_price) - 6.01]/67
(where 6.01 is mean error and 67 is standard error)
Technical strength of INFRATEL is 7.25. (Support & Resistance)
Technical strength of CUMMINSIND is 5.7. (Support & Resistance)
Recommendation
You need to register and login with clearnifty to view detailed recommendations.
Entry Criterion: Take positions when divergence becomes (+/-)2.0. And exit positions when divergence becomes (+/-)0.0.
Stop Loss: Put your stop loss when divergence becomes more than 3.0 or less than -3.0. We suggest you always use stop losses.
Note: When you trade in futures, keep in mind the expiry date of futures as divergence might not end before expiry date.
Click here to see all recommendations for pair infratel-cumminsind.
Analyse any other pair:
How to choose pairs?
Choose stocks from same sector/subsector.Use stock with large market capitalization as first stock.
Charts
INFRATEL Futures - NSE
| Expiry Date | Close Price | Open Interest | Number of Trades | No of Contracts | Underlying Closing Price |
| June 25, 2020 | 223.3 | 9572000.0 | 3631.0 | 3631.0 | 223.25 |
| July 30, 2020 | 222.2 | 114800.0 | 15.0 | 15.0 | 223.25 |
| August 27, 2020 | 226.6 | 0.0 | 0.0 | 0.0 | 223.25 |
CUMMINSIND Futures - NSE
| Expiry Date | Close Price | Open Interest | Number of Trades | No of Contracts | Underlying Closing Price |
| June 25, 2020 | 379.3 | 1112400.0 | 1711.0 | 1711.0 | 378.95 |
| July 30, 2020 | 376.0 | 51600.0 | 21.0 | 21.0 | 378.95 |
| August 27, 2020 | 364.15 | 0.0 | 0.0 | 0.0 | 378.95 |
INFRATEL-CUMMINSIND Analysis with different time frames and thresholds
Time Frame 1month, Entry Threshold 1.5, Stop Loss Threshold 2.5, Total Profit 76074.7353972Time Frame 3months, Entry Threshold 1.5, Stop Loss Threshold 2.5, Total Profit 75942.5885148
Time Frame 3months, Entry Threshold 2, Stop Loss Threshold 2.5, Total Profit 49191.2174297
Time Frame 3months, Entry Threshold 1.5, Stop Loss Threshold 2, Total Profit 47475.9449297
Time Frame 3months, Entry Threshold 2, Stop Loss Threshold 3, Total Profit 44776.5996244
