Find the trend of Nifty future, the below application uses nifty spot data and the nearby out of money nifty call and put option. Main criterion behind the trend calculation is the difference between the spot price and the strike price of call and put option if the premium is more than the difference value it will determine the trend.
How to use Nifty future trend finder:
- Enter Nifty Spot price.
- Enter the current price of call option of strike shown there.
- Then enter CMP of put option shown below.
- Just press Find Trend button.