A strategy that decides the entry. Limits that are entirely yours.
KanavAI runs an opening-range breakout on the three index options — NIFTY, SENSEX and BANKNIFTY. It captures the 9:15–9:20 range, buys an at-the-money call or put on a breakout, inside the risk limits you set, and exits automatically.
- 01
Market data
Live NIFTY, SENSEX & BANKNIFTY prices stream in
KanavAI tracks the three index feeds — NIFTY, SENSEX and BANKNIFTY — tick by tick from the opening bell, so the opening range and every breakout are measured on live prices.
- 02
Opening range
The 9:15 to 9:20 high and low are captured and locked
In the first five minutes after the open, KanavAI records each index high and low. Those two levels are frozen for the rest of the day — they are the range every breakout is measured against.
- 03
Breakout entry
Price breaks the range — an ATM call or put is taken
When the index trades above the opening-range high, an at-the-money call is bought; below the low, an at-the-money put. One index, one direction, on the expiry contract — premium is bought, never written.
- 04
Your risk settings
You control thisYour target, your stop-loss, your capital
Before anything reaches your broker, the trade is gated by limits you set and confirmed yourself: target %, stop-loss %, capital deployed and a maximum daily loss. If a trade does not fit inside your limits, it is not taken.
- 05
Trade in your broker account
You control thisThe order is placed in your own account
The order goes to your own broker account, which you authorised. Your funds stay with your broker throughout — KanavAI never holds your money and cannot withdraw it.
- 06
Auto exit
Closed at target, stop-loss, or 3:20 PM
The position closes automatically when your target is reached, your stop-loss is hit, or the 3:20 PM time-exit arrives. Nothing is left running overnight.
The short version
It watches
The three index options — NIFTY, SENSEX and BANKNIFTY. It measures each one high and low in the first five minutes after the open, then watches for a breakout of that range.
It acts, within your limits
It buys an at-the-money call on a break above the range, a put on a break below — sized by the capital you allocated, only if the trade fits inside every limit you set.
It exits, mechanically
At your target, at your stop-loss, or at the session time-exit. Nothing is held overnight and nothing is left to a judgement call.
The mechanics, in detail
Expand any section for the specifics. We have kept this honest about what the strategy does and does not claim.
One trade, from signal to net P&L
Signal
Breakout above the opening range high
Entry
Call bought at ₹560.15 × 20
In trade
Premium moving; stop-loss at −12%
Target hit
Your +10% target reached
Exit
Position squared off automatically
- Gross P&L
- +₹75
- Brokerage + taxes
- − ₹65
- Net P&L
- —
Who decides what, and why it matters
You decide
- Whether the algo runs at all — it is off by default
- Your target % and stop-loss % per trade
- How much capital is deployed
- How many positions can run at once
- The daily loss that shuts everything down
- Which broker account is connected, and when to disconnect it
KanavAI does
- Monitor the market for the signal condition
- Select direction and strike when it fires
- Place and close orders in your account, within your limits
- Enforce your limits — including stopping at your daily loss cap
- Show you every trade and its net result
KanavAI is a self-directed execution tool. It does not provide investment advice, does not recommend trades or position sizes, does not guarantee profits, and never holds your funds — they remain in your own Upstox account throughout.