Strategy description

Intraday Nifty Option Buying Scalping Strategy

This strategy is designed to catch quick momentum in the Nifty options market, primarily during the first 15 minutes after the market opens. It operates as an intraday scalping strategy and avoids any trades on event days like RBI Policy Result Day, Union Budget Day, Election Result Day and NEWS Events Days and around. For optimal results, it's essential to be consistent with this strategy. The strategy can be used up to a 10X multiplier, requiring ₹50,000 capital for 10 lots. Strategy's profitability is purely depending on executed price at broker end, if negative slippages there then it won't be profitable. Use with good execution speed and API speed broker for great results, be disciplined.

Key Details

1. Capital Required: ₹5,000 per lot (for the trading account).
2. Multiplier: Up to 10X (₹50,000 capital needed for 10 lots).
3. Strategy Start Time: 9:16 AM
4. Strategy End Time: 10:00 AM
5. Profit Target: ₹500 (10% of ₹5,000) per lot.
6. Stop Loss: Rs.1000 per lot and Based on your risk tolerance always keep the multiplier in line with your risk capacity. In this strategy we have to keep deep stop loss to avoid early exit. Profitability is purely depending on executed price at broker end, if negative slippages there then it won't be profitable.
   
7. Action: The strategy buys both CE (Call Option) and PE (Put Option) according to the momentum direction.
8. Token Generation: Always generate a token every morning before the market opens.
9. Re-activation: Once the strategy exits at Target, it will not automatically re-activate. You can manually re-activate it if you observe strong momentum, but it will be at your own risk. You can re-activate till 10am only.
10. Contact Information: For support, you can reach TradingEDGE at [email protected] or call 7984076554.

Important Notes

Be cautious about running this strategy on event days like RBI Policy Result Day, Union Budget Day, Election Result Day and NEWS Events Days and around, as market conditions may cause significant slippages, resulting in losses. When there are no major slippages at the broker's end, this strategy is generally profitable. It's recommended to maintain consistency with this strategy for good outcomes.