created : 9 months ago| | live deployment: 5
Strategy description
Banknifty buying strategy
Strategy Details
| Parameter | Detail |
|---|---|
| 9:20 AM |
| Exit Time | 3:20 PM |
| Capital Requirement | ₹10,000 per multiplier (X) |
| Target | ₹1,000 per multiplier (X) |
| Stop Loss | ₹600 per multiplier (X) |
| Trailing Stop Loss | ₹500 per multiplier (X) |
| Drawdown | ~6% |
| Average Trades | ~150 per month |
| Max Open Positions | 1 at a time |
User Responsibilities
- Capital Buffer: Maintain an extra 5–10% capital above ₹10,000 to handle margin spikes on high-volatility days. Generate your API token between 8:30 AM–9:00 AM for smooth execution.
- Error Management: Deployment errors trigger WhatsApp or Tradetron calls. Review deployment logs and resolve issues promptly. Support is available via the designated Telegram group.
Algo Awareness
- While the core logic is uniform, individual P&L may vary by entry strike/price. Differences balance out over time. For cost efficiency, use brokers with low/zero brokerage and reliable APIs. Contact us for broker selection advice.
- This strategy executes 2 to 6 trades per day depending on market conditions. Ensure you account for brokerage, taxes, and margin availability according to your broker’s requirements.
Disclaimer
- Algo trading is not a money-making machine — it enforces discipline, removes emotion, and executes trades swiftly.
- Profitable and losing trades will both occur. Long-term consistency depends on discipline.
- Technical issues such as slippage, terminal errors, or connectivity problems may occur. Monitor your account for significant deviations.
- ISHANI ALOGS is not a SEBI-registered advisor. This strategy is rigorously tested but offers no guaranteed outcomes. Option trading carries risk and is only for those who understand option buying. Consult a qualified financial advisor before live deployment.
