Nifty Future Trend Finder free Application

76 comments

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:

  1. Enter Nifty Spot price.
  2. Enter the current price of call option of strike shown there.
  3. Then enter CMP of put option shown below.
  4. Just press Find Trend button.

{ 73 comments… read them below or add one }

1 anand

Nice update Bhaveek!

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2 Bhaveek Patel

Thanks Anand, Did you like nifty trend finder??? Tell me what would you like to see here in this blog share your creative ideas. :D

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3 surya

Bhaveek, Hi this is surya, only today i came to know about this site as i was browsing something related to this.
I would like to clarify that does your predictions gets effected due to any changes in the news.

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4 anand

As of now blog seems very good, with lot of useful info.
plz add social network plugin to internal pages also, on some pages its missing, like I don’t find one, on this page.

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5 Bhaveek Patel

I will place facebook share / like and twitter button today itself. Thanks Anand for your valuable suggestion. :)

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6 Anupam

Hi Bhaveek,
It seems a good tool, just want to know that, the suggested trend is what timeline, like Daily, Weekly or ??

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7 Bhaveek Patel

Hi Anupam, The trend shown in this tool is on daily time frame. Should be treated as near term trend, depending on trend you must chase the bulls or bears. :) Happy trading.

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8 Anupam

Thnx a lot Bhaveek :)

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9 Jitendra B

Good Input

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10 Mahadeo Gaikwad

This system good can u tell me hoe to plot in excel file send me details on mail m1806@rediffmail.com

good work

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11 Bhaveek Patel

Hi Mahadeo, This system is based on javascript and some calculation. I will create a new excel based system for nifty trend finder and let you know. :)

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12 Saju james

Waiting 4 ur excel based system

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13 Ajit karmalkar

Hi Bhaveek,

This Nifty Future Trend Finder free Application can be used for other Index also like Bank nifty.

Regards,
Ajit karmalkar

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14 Bhaveek Patel

I have not optimized it for bank nifty, but for nifty future it works like a dream.

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15 Pradeep

Good tool Bhaveek. Can you tell me how much is the minimum % it should show to initiate a trade? Today I get 51% down after filing the data which dont give me confidence

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16 Bhaveek Patel

Pradeep, For more confident direction of nifty, you should see percentage more than 60%. So more than 60% chance is good indication for nifty being bullish or bearish.

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17 baskar

sir
sir please clarify by seeing your nifty trend indication can i go for long or short nifty tomorrow

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18 Bhaveek Patel

According to Nifty trend finder nifty is bearish, which can confirmed if you look at my latest article here. Below is screenshot of trend that came after I have placed the data.
Nifty future trend on monday

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19 harsh

Hi Baveek,

Thank you for sharing such a good tool.

Is it possible to give a approx entry and exit prices along with trend?

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20 Bhaveek Patel

Thanks Harsh for commenting here. For approx entries and exits you need to look at the charts and study them. As this trend finding tool is based on mathematical calculations, so it don’t use concept of technical analysis or charts. Hence charts would be good tool to find your entries and exits.
Regards,
Bhaveek Patel

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21 omkar kulkarni

Mr Bhaveek

you can short or take long position as per ur nifty trend tool but what happens if market opens gap up or gap down next day.

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22 Bhaveek Patel

Nifty trend finder shows short term trend and its has noting to do with entries or exits. For entries or exits your can use the indicators.

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23 MSHAJAHAN

Mr.Bhaveek
You have done a good job. When the data should be entered ?
At market opening time or any time during market hours ? Is it for intraday or short term ?

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24 Bhaveek Patel

Sir, Use this tool before market opens, with closing data (EOD data). Trend on this application will show short term trend of nifty.
Let me know if you like this app or have any feedback for it.

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25 Jayesh

Bhaveek, today nifty trend finder is showing that nifty is in uptrend, with 55% chances of going up. what’s your view for same???

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26 Bhaveek Patel

Hi Jayesh,
I am bullish on nifty future and bank nifty, also extremely bullish on high beta stocks like sesagoa.

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27 pawan

sir, is there any tool to find stock trend. if yes pl. let me know.

thanks,

pawan

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28 Bhaveek Patel

Hi Pawan, As nifty has highly liquid options, so it is feasible to find trend. But for stocks this is not the case.

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29 Vandhana Karthick

Whats the accuracy of nifty trend finder tool? And how much probability does it work as accordingly?

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30 RAMZAMA

thank you sir to help me…. few doubts are there still now… relinance infra is trading at 505 levels.. but in that graph it shows 432 … are those different companies?

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31 Bhaveek Patel

Reliance infra (RELINFRA) and Reliance industrial infrastructure (RIIL) are both different companies. This is the reason you are seeing so much difference in prices.

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32 Ramzamma

dear sir,
really this trend finder is superb sir… but could not able to decide what option to buy and at what interval we have to plot the data in that window? kindly inform me sir…

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33 musthafa

please tell how to download datafeeder and amibroker to view cost free software

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34 Bhaveek Patel

Hi Musthafa, datafeeder is free of cost you only need to purchase amibroker or even u can use trial version. Datafeeder works fine with both of these versions, let me know if I can be of your help further. :)

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35 nirajpandoh

For downloading datafeeder free of cost, & trail version/ free version if possible of Amibroker since we are just starting to learn trade, can we get the site or link for download. Pls send it on our mail Id .

Thanks

NIRAJ

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36 ANAND CHOUHAN

THANKS FOR A GOOD TOOLS.
I CAN’T UNDERSTAND THAT WHY WE INTER SPOT PRICE, WHY NOT FUTURE PRICE ?
PLEASE CLARIFY
THAKS AGAIN

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37 Bhaveek Patel

Hi Anand, We use nifty spot prices because nifty futures and options are derived from spot. While calculating the value of options we always use the spot prices. Here in above system, I am using option price to check the premium with respect to spot prices, finally we get the trend. Future price has a lot of factors in them, like premium / discount. Hope you have understood. :)

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38 Amar

Hi Bhaveek…. You are a genius… really u got a point .. i saw the nifty trend finder and we know that share market is depend on human sentiment also and u tried to add human sentiments in the your logic… i am impressed… good job… i want to check your logic in worst conditions of market (real time)… good job.. thanks

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39 Surendra

Dear Bhaveek,
Would request you to add time and dateline for each comment received and reply by you, to determine the chronological sequence, and differentiate between old and latest. Thanks.

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40 Anand Nayak

Dear Bhaveek,
I seen a very good toll on your site Trend for NIFTY you can use social chat system from above, it is free to use.Thanks

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41 Vinod Dhamnekar

Hi,
Can you tell me exact formula for finding nifty trend.Because when I calculate the same manually, the answer differs to some extent.I also want to know the logic behind your formula. Awaiting your reply very soon.
Ok.goodbye

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42 Ajay Kumar

Dear patel
plase tell me the formula for calculating trend.
Regards
Ajay

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43 avinash p.

Thanks.for this useful app.

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44 noor

i wan to learn option trading but more simplified with 3-4 strategies.tht works in buy call-buy put….sell call-sell put…………..what is premium-strike price-spot price in all the four ( buy call-buy put…sell call-sell put.)…

what should be the minimum investment for option trading and safer option strategies.

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45 karan pratap sing

sir ye tool to kafi acha hai .pahle to nahi dekha tha. shayad aap ko yaad hoga ki maine aap se Technical Analysis sikha tha

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46 sridhar

sir,

i am sridhar.i am trading now nifty options.r u giving any tips.i would like to subscribe the nifty option calls.please send mail to me.

Thanks

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47 K P Singh

Hi I am trading in nifty and your Nifty Future Trend Finder free Application is very useful. In my office net connections is not avl i use my phone for that so plz give me excel file for calculation of this application.

Regards,

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48 ahamed

really awesome nd superb

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49 siddhesh

too good nice job

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50 siddhesh

how accurate it work

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51 rocky

Bhaveek bro , pls add date & time below the comments and your posts and tools so tht we know how old the post is .
Keep up the gr8 work .

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52 Ajay Kumar

sir
would it be possible for me to find trend for some other script with help of ur tool trend finder. please advise sir.

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53 naran

hi,

its very useful. i started watching……

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54 shailesh jain.

As we go long by seeing this calculator market went down.
Any if trend goes our direction wht to do.

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55 Nimesh

Sir
your idea is very good to indicate the trend. but can you say at what % are the sureity to make a 100 % profit from the trend, and it is WORKING for intraday or for EOD (BEFORE PRE-OPEN FOR NEXT DAYS) ONLY.

PLS GUIDE US
THANKS

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56 jaman

good tool, go ahead…

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57 hITESH

Hi, Pratik, to day i come acrross your side and its look intresting.
I am basic trader for call put still learning not getting profit till date , kndly guide me if possible.so i can be a profitable trader.
i am also avaialble during trade hours at yahoo
thanks
hitesh

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58 rajesh dewangan

hi i am nifty daily trader but steel now not getting profit regularly please sugess me

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59 sushil

Bhaveek bhai , pls add date & time below the comments of your posts and tools so tht we know how old the post is .
Keep up the gr8 work .

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60 Ashish Misra

I request to send Open interest excel sheel on my mail ID, so that I can check it and work according to open inetrest and Nifty future trand finder. Plz
Thanks in advance.

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61 SRINATH SOMAYAJI

Sir,

As per today’s EOD Nifty spot is closed at 5889.75 and as per Trend decider, the price of October 2013 CE 6100 & PE 5900 is 118.75 & 167.5 respectively and Trend is NEGATIVE with 58.64% chances of going down, in that case, how to find target price, Stop Loss Price.

For my understanding, let us assume, if i bought above two option, whether i need to check trend decider very day?

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62 SRINATH SOMAYAJI

sir,

I am not able to under stand the definition mentioned by you on “Trend Finder” – ‘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.’, request you to explain the same with an example.

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63 Sathishkumar

Hello boss,

I came to know about this site today… I have entered the values of nifty. It gives me up & down percentage & the trend. Based on the information can i predict the high & low value of nifty tomorrow.
For example…
Nifty futures is in uptrend with a chances of going up is 55% & the chances of going down is 45% & also the current nifty price is 6000 (example).
Here can you give me, how to predict the high & low price of the next day…? is it possible to predict the entry & exit level..?

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64 DR ANAND

today i bought 5800pe and 6000ce as suggested by trend finder 1lot each @same price almost 123.20. what is your comment?

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65 sandeep yadav

bhaiya in this scenario nifty price or nifty future price is to be applied . and as we know time decay also in option so it is applied in starting of month or at ending

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66 adam

hi everyone .. Seeking for a favour.. I really dont know abu this .. I came across when i was searching nifty future index for my assignment on investment analysis .. I’m really wanna know abu this . Which will be useful for my studies too .. . Use of finding this , future index means , ect .. Comment on this i’ll be really happy to take all … Thank you .. Hope so ..

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67 DR ANANDG

When I had back tested it For 8/11,with spot6186,
It was showing TREND UP.But that day TREND DOWN. IS IT NOT MISLEADING

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68 H Ravi Chandran

Dear Sir

You have added value to others. Excellent for your positive spirit. Is there any equivalent excel application to find the Nifty Trend?

Thanks
Ravi

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69 Bhaveek Patel

No excel file as of now, but we will look forward to create one.

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70 krubha

Hi,

This is Krubha, Tool working good. Can u send me this formula to my mail id (um.krubha@gmail.com) ?

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71 Saby Pinto

Hi Bhaveek,
Been browsing ur website since afternoon non-stop till 9 pm now. Can’t get out of here. But one problem, all ur articles are old. There is no date & time stamp on the articles or the posts also. Pls include that. Where do i find ur latest posts as of today’s date?

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72 Lathika VK

I happen to see your site and was checking the nifty trend finder of NS EOD of 7th ,8th,9th of OCT 2014. 7 &8 Oct was almost correct but 9th Oct gave a wrong trend.I am interested in joining technical analysis course in the month of Nov 2014 especially if possible on 4th & 6th of Nov.
Have a nice time

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73 saju

Please upload the excel version

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