i trade nifty futures. suggest one futures which move independent of nifty i.e it should give trade oppurtunities wen nifty in 1 consolidation or 2.at mid session hours.
may be like forex or commodities and may be crude oil or may be other NSE index futures or any thing else?
In general stocks are correlated with the markets (therefore the Index) hence it would be difficult to identify stocks that are totally independent of Nifty.
Also the best way to identify the independence is by checking the correlation. You can do this quite easily on excel using the function “=CORREL”.