Adarsh Suvarnakanti completed a 2-month project in 2014 for Anush Shares & Securities Pvt. Ltd developing an algorithm for Nifty Futures using technical analysis indicators like ADX, Super Trend, and Slow Stochastics. The algorithm was backtested for 3.5 years and provides step-by-step trading rules. It predicts the next day's trade price in MS Excel and is currently used by the client company.

1. ADARSH SUVARNAKANTI
D-Annex-348,
VIT Men’s Hostel,
VIT University,
Vellore-632014,
Tamil Nadu, India
E-Mail: adarsh.suvarnakanti@gmail.com
Mobile: +91-9092702727
Academic Project:
Organization Project Title Duration
Anush Shares & Securities
Pvt. Ltd.
Developing an algorithm for Nifty Futures by
using Technical Analysis
June-July, 2014
(2 Months)
The project titled ‘Developing an algorithm for Nifty Futures by using Technical Analysis’,
where ADX (Average Directional Index), Super Trend and Slow Stochastics Indicators are
used to create an algorithm (Step-by-step process: Trading rules) for NIFTY (Benchmark
index in National Stock Exchange of India) Futures. The developed algorithm is back-tested
for three and half years and finally submitted the detailed report to Anush Shares & Securities
Private Limited, which is a stock broking firm located in Chennai, Tamil Nadu, India and the
algorithm is currently used by the company. The project report involves calculation of the
above-mentioned indicators in MS Excel and can predict the price at which the trade has to
be executed for the following trading day.