We’re glad to announce that we have introduced continuous futures charts on FYERS Web. With this update, traders can get continuous futures charts on the near-month contracts across equities, currencies, and commodities! Currently, we are the only brokerage in India providing this feature. You will be able to access data starting from January 2018 with complete intraday (1 minute onwards) and EOD data.
Here’s how it works: If you select a near-month futures contract and load its chart, you will see the data for the current month contract and you can see the previous near-months’ data in the historical chart. For example, upon loading January 19 Nifty Futures contract on the chart, you will get continuous futures charts of Near-month Nifty contracts starting from January 2018 all the way up to the latest near-month Nifty futures contract which is January 19 series. This will give traders an understanding of how the near-month contracts have performed in the past and it helps in forecasting long-term trends and is mostly useful in commodities and currencies for Indian traders where the price of the underlying is not readily available.
To know more, please read this post on continuous futures charts.