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created : 6 months ago| |  live deployment: 6

Strategy description

Strategy description


This strategy is introduced by Market Star. Market Star is a well known brand with 15000+ subscribers in telegram since 3 years. 


Fundamental : BankNifty Premium Eater V2 strategy starts with ATM straddles . After entry strategy createas a range as per entry spot price. As soon as upper or lower range breaks, strategy exits. If range does not break, position reamins open till intraday cutoff time. Between entry and exit, the strategy tries to manage positions as per market movements so that loss will be minimized and strategy can continue with both PE & CE legs opened. 

Entry :  Strategy enters at 9:16 in Tuesday, Wednesday and Thursday. Strategy enters at 9:25 on Friday and Monday. 

Exit : 2:30 PM or when the range breaks.

SL : 5000 Per counter. Max loss 10000 per day.

Target : It has open target and profit gets booked when TSL hits.

Strength and weekness : This strategy works best in case of range bound market. During trending market strategy tries to cutdown losses.

Whoever wants a systematic trading with consistent return your search ends here. 


We have Bank Nifty OTM hedge(3X) for this strategy too. BankNifty Premium Eater with OTM Hedge need only 310000 capital. Without hedge capital needed 510000. 

BankNifty OTM Hedge


Telegram Support : https://t.me/joinchat/WPTNt4gvLY5q2jNr
Contact : https://t.me/MarketStar_Adminor https://t.me/Market_Star_Admin1

Strategy Explanation : https://www.youtube.com/channel/UCdeQn7X4TzjUzmHi0T759GA


Strategy Snapshot




Strategy Cost


Strategy is free to subscribe. At the end of the month on your live deployment whatever profit will be there , 5% of that profit will be invoiced to you.

If you open an IIFL account or Alliceblue using below link then our strategies will be free as long as you trade in the same reffered account


IIFL Refferal Link : 5 per lot (Low multiplier user)
AlliceBlue Refferal Link : 15 Per Order


After opening account please share your details in below google form so that we will create 0 invoice for u 

https://docs.google.com/forms/d/e/1FAIpQLSciES6FHkqmTwXCcW-3MLLhJvJ9C6-hlwdTRoBAIQnASrovgw/viewform?usp=sf_link


Deviations


We enter and exit all trades at market price. It is impossible that for all users ens result will match. When checked closely paper trade to paper trade results differ. Paper to live trade and live to live trade also results differ. I have deployed same logic in 2x multiplier version and unlimited version. But there also overall pnl differs. Please understand this is not an issue. This is fact we need to accept.


To make a wise decision, you can check live auto real trade data from below link where MarketStar regularly updates PNL based on our own live auto deployment.


PNL Summary Google Sheet


https://docs.google.com/spreadsheets/d/1AwC1Z2XaWg-EPnpYFW28xKwnskn4eR1GF9LYJfojThc/edit?usp=sharing


Disclaimer: MarketStar or I'm not SEBI registered investment or financial advisor. Don't deploy any of our strategy based on past performance only. All the pnl we update is our own Live Auto pnl and it is for information purpose. Paper trading for a month is the best way to learn and earn huge return in long run. You won't become rich in short term with any strategy.


Statistics

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