created : 1 year ago| |  live deployment: 0

created : 1 year ago |  live deployment: 0

Shades of BankNifty Smart 3.0

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Strategy description

Shades of BNF Smart 3.0:


Bank Nifty Smart 3.0 is an intraday strategy to take maximum benefit from intraday time decay (THETHA). This strategy is designed in such a way that it will be able to handle sharp rise in volatility (VEGA) and to generate a consistent monthly return on capital deployed.


As someone has rightly said, “Return of capital is more important than Return on capital”. This strategy overrides the human emotions to achieve consistent returns through following pre-defined rules of trading:

Rule No.1:  To ensure capital protection

Rule No.2:  Consistent returns

Rule No.3:  Always follow strict stop loss

Rule No.4:  Trading basis the sound methodology based on past facts is worth the chance.

Rule No.5:  Don’t forget the above Rules.


Position Taken: It daily sell position @ 09:30 AM in three lots of Call & Put from current week expiry. Strike price is selected based on defined parameters.


Capital Requirement: This strategy requires margin of INR 3 Lacs (With Zerodha). Users are suggested to keep a buffer of INR 30K in addition to aforesaid margin.

(Note: Capital requirement or lot size is purposefully kept on the higher side to provide cushion on highly volatile stop loss hunting days and consistent returns.)


Risk Management: This strategy smartly manages risk by defining stop loss at every leg. Considering the position size of three lots total loss per day has been restricted to INR 6K. Further, Strategy also reclaims the positions basis the current market levels and tries to fight back for the SL hunting days.   

(Note: Stay focused on the big picture when trading. A losing trade should not surprise us; It's a part of trading. A winning trade is just one step along the path to a profitable business. It is the cumulative profits that make a difference.)


Profit targets: We have not defined any target cap on profits. 

Account opening under our referral: 50% discount on profit sharing fees
[IIFL Account opening link]Click here
[Aliceblue Referral link]: Click here

In case of any queries related with Algo trading, please reach out to us on below mentioned platforms. Always happy to help.

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Trading is inherently risky and the subscribers should bear complete responsibility for the outcome of trading and decisions you make including loss of capital. We are not SEBI registered advisor / creator so kindly contact your financial advisor or do your own research before subscribing to this strategy. 
We have taken all the possible efforts to avoid freak trades in the market. We will not be responsible for loss caused due to freak trades, if any. 
Good post performance is no guarantee of future results. It also extends to the fact - don't reduce your investment/multiplier simply just because of poor performance, In future - it can improve back to its usual amazing results. 
Although it is fully automated trading, you're advised to monitor both the tradetron and trading accounts for any deviations.