Strategy description

Introduction:

This strategy involves Nifty option trade and buy one lot (multiplier 1) of monthly expiry. 
Entry, Exit and Position carry forward to next trading day is based on multiple technical parameters. 
All positions will be exited if tomorrow is holiday or non trading day to avoid the decay losses. 
Profits/loss will be generated by the directional move of Nifty 50.

Strategy Type: Nifty Option Buying - Monthly expiry

Trade Type: Option Buying
Margin Requirement: ₹30K  (may increase 25% subject to volatility in start of the month)

Share Code: e6972f0f-afa0-428c-93fa-769a6568be34

Disclaimer

1. I am not a SEBI-registered Investment or Financial Advisor. 
2. Profit and loss updates are based on live auto P&L data and are provided only for informational purposes.
3. It is highly recommended to deploy the strategy in Paper Trade mode for 2-3 week to understand the strategy behavior.
4. Traders must understand the risks involved in Futures & Options algo trading, Consult Financial advisor before participating.