OPEN-SOURCE SCRIPT

Nifty vs Nifty Fut Premium indicator

115
This indicator compares Nifty Spot and Nifty Futures prices in real-time, displaying the premium (or discount) between them at the top of the pane.

Trading applications:
  • Arbitrage opportunities: When the premium becomes unusually high or low compared to fair value (based on cost of carry), traders can exploit the mispricing through cash-futures arbitrage
  • Market sentiment: A rising premium often indicates bullish sentiment as traders are willing to pay more for futures, while a declining or negative premium suggests bearish sentiment
  • Rollover strategy: Near expiry, monitoring the premium helps traders decide optimal timing for rolling positions from current month to next month contracts
  • Risk assessment: Sudden spikes in premium can signal increased demand for leveraged long positions, potentially indicating overbought conditions or strong momentum

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.