Strategy description

Nishchit N50 is an intraday options strategy with Nifty as the underlying instrument. It is a medium-frequency scalping strategy that typically generates multiple trades during a trading session. Users may choose a brokerage plan that aligns with their trading activity and cost considerations.

Position Management Features:

1. Per-position exit management.
2. Daily trading controls.
3. Protective hedge entry under predefined market conditions.
4. The strategy generally operates in option contracts with comparatively lower premium values, which may result in lower capital utilization per position.

Strategy Information:

1. Capital Requirement: ₹20,000
2. Start Entry Time: 9:30 AM
3. Entry Cut-Off Time: 2:45 PM
4. Exit Management: Dynamic, based on predefined strategy conditions
5. Position Exit Parameters: Predefined and rule-based
6. Average Number of Trades Per Day: Approximately 8

Usage Guidelines:

1. Select a multiplier that is appropriate for your capital allocation and trading preferences. As options strategies may require comparatively lower capital per position, users should avoid increasing position sizes beyond their intended allocation.
2. Operational Guidelines:
   1. Generate the required broker authentication token each trading day, where applicable.
   2. Enable platform notifications for position updates and system alerts through available communication channels.
   3. Maintain sufficient capital in the trading account to allow strategy execution.
   4. Minimize manual intervention in the trading account while the strategy is active.