created : 1 year ago| |  live deployment: 1

Strategy description

NEHA 1.0 PMS is Bank Nifty Options Writing Strategy. This is a purely intraday strategy. This strategy is purely designed to earn from theta decay.  Its is a proprietary systematic trade setup designed by   TEAM NEHA


      This strategy SHORTS / WRITES Call and Put Options of Bank Nifty for Intraday as Intraday Orders / MIS and buys OTM Options for hedge & to reduce margin. Please check with your broker if he allows OTM options to trade before subscribing.

Be patient with the positions as it's time decay strategy, it will take its time to get you the P&L in the intraday. If you stop it in between or exit, it might not give you the expected results. Theta decay happens faster closer to expiry, so accordingly, we will get better results closer to expiry... so stay invested :

Capital Required for 1 x is 1300000   ( It will always good to keep 1L - 2L extra capital as some broker require higher margin )


Entry : Morning between 9.16AM - 10.15AM only once

Target : In multi years backtesting, we found that the best target is no target. Thus, we haven't configure any target in this strategy and target will be open for day end. As below equity curve is EOD performance, we should wait for the day end to book profits.

StopLoss : ~ Pre defined SL on each leg as per our proprietary trade set up also MAX SL is set at 35000/day to manage any unknown surprise movements.  

Exit : 15.00 PM

We do not have any Holy Grail Strategy.
Max Hard SL per day limit is 30K on any bad day
BACK TEST Data suggest Max 10% Drawdown you can expect in any bad month

If you are Comfortable with above 3 points than only our Strategies will be suitable/profitable to you else do PT till you get conviction to deploy on above points.

 Please contact to my          Telegram Handle Link Click  or   Twitter Handle Link Click

Profit Sharing Discount

For all the users having trading account with our Broking partner there will be discounted profit sharing. Yes, you heard correctly. You can get discount of 3% in sharing fees by opening account in IIFL/ALICE BLUE with our affiliate link and trade on it for atleast 1 month, Links are given below. Our both broking partners are providing free API and low brokerage.


IIFL Account Opening Link Click

Automated Trading is NOT supervised Trading

Good Past performance is no guarantee of future results. It also extends to the fact that you shouldn't discount an algo simply because it's done poorly recently as it can revert to its usual amazing results in future. Although our algos are 100% fully automated, you're advised to keep a slant eye over the account to monitor any significant deviation or errors.

There will always be slippages in Live Auto Trade due to execution delays for any Automated strategy, so keep that in mind while attempting to compare decimal to decimal with Paper Trades !