You want to trade Nifty options looking at the underlying which is the Nifty. But how will you determine which strike, what price, or which type?
I guess what you are asking for is, if you can design a trading strategy on Nifty, but whenever a buy/sell indicator comes, you get an alert to buy Nifty Calls/Puts.
If the latter is what you are asking for, it is possible on Amibroker and other charting/analysis tools. On Zerodha Pi, you can’t trigger alerts on options based on price of underlying. You could use the bridge to connect amibroker to Pi.
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