HSN Algo - Strike Scanner

Nifty option strikes, read through fixed rules — live.

HSN Strike Scanner watches the ATM and the strikes around it, and shows whether each one meets a clear set of written rules built on break-even premium, previous-day levels and today’s open. You see the rule results and the reason for every line — nothing hidden.

NIFTY ATM strike analysisRules-based, fully visiblePop-up, sound & Telegram alertsDaily report

How it works

One shared live feed is evaluated every few seconds. Every client sees the same numbers, and the same reasons, at the same time.

Common BEP. The break-even premium: the average of the previous-day closes of the ATM call and the ATM put. It is the yardstick the option premiums are compared against.

Both sides are checked. Every strike is tested as a CE-side and as a PE-side condition set. A table for each side shows the premium, the distance from BEP, the opposite leg and how many of the 4 conditions are met.

Strength is graded. Colour in the rows shows how many neighbouring strikes agree: light green is positive, mid green strong positive, bright green very strong positive.

Sideways is flagged. When ATM call and put sit on the same side of BEP (or of the previous close) the screen says so, because premium decay usually dominates.

You are told when it changes. A pop-up with sound, and a Telegram message, appear only when the state changes, with the time the grade first appeared.

How to read a strike

The rules are written for a call-side view; the put side is the exact mirror. “Positive” here only means the written conditions are met — it is not a prediction.

CE side — conditions (x/4)

1 · Call premium is above BEP.
2 · Put at the same strike is below BEP.
3 · That put is below its own Today Open.
4 · The other nearby puts are also below BEP.

PE side — conditions (x/4)

The mirror image: put above BEP, call at the same strike below BEP and below its own open, and the nearby calls below BEP.

Strength grades

Positive: ATM call above the yardstick and ATM put below it.
Strong: + the puts one strike either side below it.
Very strong: + the puts two strikes either side below it.
Measured against BEP and against each leg’s own Today Open.

Sideways

ATM call and ATM put both above BEP, or both below BEP — or both above / below their previous close. The banner then reads “Sideways – no new setup”.

Next level & Then

The nearest premium levels above the current price (previous-day low / close / high, equilibrium, universal resistance and others). BEP is shown first while a premium is still below it.

Synthetic future

Strike + Call − Put gives an index-like number. The ladder shows where it sits against Today Open, Mid S&R, BEP and the ATM levels, including “sellers panic” levels.

What the table looks like

Strike	CE	vs BEP	PE	vs BEP	PE open	Conf	Grade
22750	192.4	+21.8	120.1	−50.5	190.0	3/4	positive
22800	171.0	+0.4	131.5	−39.1	178.0	4/4	strong positive
22850	149.8	−20.8	150.2	−20.4	165.0	4/4	very strong positive

positivestrong positivevery strong positiveIllustration only — not live data.

The pre-trade checklist

Nine plain-language lines summarise the picture at a glance — green passes, red fails, orange caution, blue information.

Trend & volatility

Synthetic future trend against open, Mid S&R and BEP; India VIX band and the expected one-day move.

ATM vs BEP

Where the ATM call and put, and the neighbours, sit against BEP; bullish or bearish count.

Strikes vs their open

Whether every strike is above or below its own Today Open, which side is showing strength.

Sideways clues

BEP and previous-close tests that point to a range-bound, premium-decay market.

Risk disclaimer — please read

HSN Strike Scanner is an information and charting tool. It shows the results of fixed, written rules applied to market data.

Not advice. Nothing on this site is investment advice, a research report, a recommendation, or an offer to buy or sell any security. It does not tell you what to trade. It does not place orders and has no access to your trading account.

High risk. Trading in options involves substantial risk and can result in the loss of your entire capital and more. SEBI’s own studies have found that the large majority of individual F&O traders lose money.

No guarantee. Rules describe what the numbers show now; they do not predict the future. Past behaviour of any level or grade does not indicate future results. “Positive”, “strong” or “very strong” only means the written conditions are met.

Data can be wrong or late. Prices come from a third-party broker feed and can be delayed, interrupted or inaccurate. Alerts and the daily report may arrive late or not at all. Always check your own trading platform before acting.

Daily report. Point movements shown after a setup are an after-the-fact record of the numbers, not returns you could have earned (no costs, slippage or position sizing are included).

Your decisions are your own. You are solely responsible for every trade. If you need advice, consult a SEBI-registered investment adviser.

Access. Client logins are personal, one device at a time. Do not share your login or redistribute the content.

CE side

Row colour: light / mid / bright green = positive / strong / very strong (opposite legs vs BEP and vs their own open)

Live CE levels

PE side