Strategy description

Strategy description

Pulasthya is a Positional option algorithm on Bank Nifty. Strategy is based on Iron condors on Weekly expiry.

Entry will be taken on Friday (Saturday in case Friday is holiday) 1400 hrs 

Exit will be before weekly expiry.

Iron condor consisting of  Out of money short CE and PE and Out of money Long CE and PE, as hedges.

Short legs are provided Maximum 2 shifts, to maximise the profit. 

CAPITAL

Rs 50000 is the required capital. We also suggest maintaining a 10% margin buffer to cover maximum drawn and margin spikes. 

PRICING

There is no upfront fee for our algorithm. 

The algorithm has a 5% profit sharing billed monthly on the gross PnL recorded by the TT deployment page. The profit sharing will be calculated as cumulative gross profit across all our strategies. There is no bill if profit sharing amount is below 100 rupees and maximum amount of 1000 rupees per strategy.

Saptharishi Algo suggests all subscribers to paper trade for a minimum of 1 month.  Familiarize the system before going to live deployment.

CONTACT

Mobile: 9820972015

Email: [email protected]

Disclaimer:

Saptharishi Algo operates as a platform for algorithmic trading solutions. It is imperative to understand that Saptharishi Algo is not a registered advisor with the Securities and Exchange Board of India (SEBI). Consequently, we do not provide any form of advice, recommendation, or guidance pertaining to investments or trading activities in the stock market.

We firmly emphasise that engaging in any trading activities, including but not limited to subscribing to our services or utilising our algorithms, is solely at your own risk. The decision to participate in the stock market, execute trades, or invest capital is entirely your responsibility. We do not assume any liability for the outcomes, gains, losses, or consequences resulting from your trading decisions or actions.

While Saptharishi Algo endeavours to offer reliable and efficient algorithmic trading solutions, we do not guarantee the accuracy, completeness, or suitability of our algorithms for your individual trading objectives of financial circumstances. It is essential to conduct thorough research, seek advice from qualified financial professionals, and carefully assess your risk tolerance before engaging in any trading activities.

By subscribing to Saptharishi Algo or using our services, you acknowledge and accept that any trading decisions made based on our algorithms are made independently and at your own discretion. We disclaim any responsibility for the performance of your trades, financial outcomes, or any potential damages arising from the use of our services.

We strongly advise exercising caution and prudence when participating in the stock market, and we encourage you to make informed decisions that align with your financial goals and risk tolerance. Remember that investing and trading involve inherent risks, and past performance is not indicative of future results.

If you have any questions or concerns regarding this disclaimer or our services, please do not hesitate to contact us. However, please be aware that our communications do not constitute financial advice, and any information provided is for informational purposes only.

Thank you for your understanding and cooperation.

Sincerely,

Saptharishi Algo