Order with BANKNIFTY spot


#1

Hi, i developed a strategy that works only with bnf spot. And now i want to place orders but bnf spot cant be traded. So, how do i set limit orders on bnf future on behalf of spot. As there is always difference in prices of spot and future. Any help?


#2

Simple, Whenever u get signal in spot, place limit order in fut with fut ltp


#3

Is it based on underlying or just based on chart of bnf index.


#4

One of the ways.

Create set alert

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Create one basket to buy Banknifty future and another to sell

Go to my triggers and write down the condition that when banknifty spot = whatever your price, initiate banknifty buy basket.

Hit create. Whenever the banknifty spot price meets the condition, you will get a buy banknifty notification within kite. Hitting ok on that notification will execute the order.

Check this post


#5

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