Strategy description

Strategy Entry Conditions

• Entry Time: After 9:22 AM when specific conditions are met (entry is not time-based).
• Lot Management: The strategy begins with 1 lot and may add up to 2 additional lots as needed to help manage drawdown and minimize stop-loss points.
• Approach: This strategy combines trend-following and occasional scalping trades to adjust for potential market fluctuations. It seeks to identify potential market reversals and follow the trend throughout the trading day.

Risk and Capital Management

• Daily Loss Limit: ₹1,800 (approximately 6% of deployed capital).
• Capital Requirement: ₹35,000, with a recommendation to maintain an additional 20% capital as a buffer.
• Expected Drawdown: 20%.

Trade Decision Factors

Trades are informed by detailed observations, including:

• Data analysis
• Volume tracking
• Technical indicators
• Price action
• Support and resistance levels
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Key Considerations

1. Market Activity: The strategy observes market activity, including whether significant players are accumulating or distributing assets.
2. Index Strength and Weakness: Parameters on indexes help identify strength and weakness, guiding decisions on which indexes to focus on.
3. Trade Handling:
   • If a trade moves into loss, the strategy may exit quickly to minimize exposure.
   • If profitable, trades are held to capture further gains as appropriate.
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User Responsibilities

• Error Management: In case of deployment errors, users will receive notifications via WhatsApp or a call from Tradetron. Check the notification log in the deployment to resolve issues promptly.
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Disclaimer

Mallikarjun Reddy is not a SEBI-registered advisor. This strategy is based on specific tested parameters but does not claim specific ROI. Consult a financial advisor before deploying this strategy live. Option trading involves substantial risk, and this strategy is recommended only for those with a comprehensive understanding of option trading.