In a "Phasee" market, news events trigger false breakouts. The index acts as a filter. If the HTP Index is high, you ignore the first 30 minutes of market opening because the price action is likely deceptive.
The index tracks three core phases:
Fact: Because the underlying data (price, volume, VIX) is free on the NSE website, any paid version of this index is a scam. The formula is simple enough to code in 10 minutes. Never pay for a "Hasee Toh Phasee" subscription. hasee toh phasee index free
HTP_Index = (0.3 * (1 - Correlation_NF_BNF)) + (0.4 * Normalized(VIX_ROC)) + (0.3 * (Gap_percent / ATR))
When this value exceeds 0.7, the market is officially "Hasee Toh Phasee." In a "Phasee" market, news events trigger false breakouts
| Scenario | Hasee Toh Phasee Index Reading | |----------|-------------------------------| | Staying in a safe job you hate | Low (stagnant) | | Quitting to travel or start a passion project | High (volatile, exciting) | | Confessing love without guarantee | Spiking (phasee zone) | | Following family plan without question | Zero (no risk, no joy) |
Options sellers thrive on predictability. If the Hasee Toh Phasee Index is low (stable), selling strangles or iron condors is safe. If the index spikes, volatility is erratic—options sellers must hedge or stay away. The index tracks three core phases: Fact: Because
You do not need coding skills. Use Google Finance in Google Sheets.