Aliceblue - Index Contra Call/Put Averaging       

  1. The algo is designed for Banknifty & Nifty option Hedging.
  2. Orders will be place after 9:30 am. You can activate the algo before 9:30 or anytime during the day. Adviseable to activate algo before 11 am.
  3. The algo will run smoothly only if there is sufficient margin in your trading account. Please check margin details tab for more information.
  4. This Strategy is suitable for all types of market (rangebound / trending).
  5. If you wish to manually handle the trades, make sure you first logout from algo and then handle the trades manually.
  6. You can start and stop the algo anytime. If you stop the algo, all the open orders and positions has to be squared off manually.
  7. There is no guarantee of profit at the end of day.
Account Plan Margin 1 lot Brokerage
Traditional 50000 - Mon, Tue, Fri
100000 - Wed, Thur
20/- per lot per trade
Freedom 20 (F20) 100000
20/- per order