Strategy description

Nifty Option Strategy

This strategy is focused on intraday buying of Nifty options. It is designed for positional trading in the direction of the market trend. The strategy involves buying either Nifty Call or Put options based on predefined conditions and exiting once the market trend reverses. It is important to monitor this strategy closely, especially during high-volatility days.

Key Details:

1. Capital Required: ₹30,000 for 1x multiplier (1 lot of Nifty ITM options).
2. Win Ratio: Paper trade first and decide based on performance.
3. Exchanges: NFO
4. Target: No fixed target, follows the trend of Nifty.
5. Stop Loss: Exits when the trend reverses.
6. Maximum Trades per Day: Varies based on market conditions (may take multiple trades in a day).
7. Monthly Fee: Free for now.
8. Variable Fee: 10% of the monthly profit.

Important Notes:

1. This strategy works by buying Nifty ITM options.
2. The strategy buys options when the predefined conditions are met, and the aim is to capture profit as the trend continues.
3. Exits occur when the trend reverses or when the market reaches a predefined stop-loss.
4. Multiple entries may be taken in a single day (1 lot at a time for 1x multiplier).
5. Paper trade first to understand the strategy's performance and ensure it aligns with your trading goals.
6. Once profit targets are met, the strategy can be paused. Reentry occurs when the market conditions align with the strategy.
7. It is recommended to maintain capital for 1 lot of Nifty options, with buffer funds for P&L adjustments.
8. When the strategy exits manually, users must wait for the next trade to be initiated by the strategy.

Disclaimer:

I am not a SEBI-registered analyst, and I am not responsible for any losses incurred. All investments or trades in the stock and derivative markets carry inherent risks. Please read and understand all related information before trading. I recommend consulting your financial advisor before making any investment decisions. The use of this strategy is entirely at your own risk, and you are solely responsible for your trading decisions.

Algo trading has its limitations, and you are advised to monitor your trading account to detect any discrepancies or errors during live trading. If you encounter errors, please manage them manually by selecting the "cancel" or "complete manually" option in Tradetron's settings.

It is crucial to understand that Paper trading results are different from live trading. Please ensure that you paper trade first to understand the strategy's behavior before deploying it live. For any queries, feel free to contact or WhatsApp me at 7978009091.