Strategy description

Triple Stars BNF Type 1 is Bank Nifty Options Writing Strategy. It trades multiple scalping entries each with 6 intraday Bank Nifty non directional options strikes (3 Pair). It will keep on scalping all day long. Please deploy only on free brokerage. Not suitable for regular brokerages. This will only be available without hedge and separate hedge can be deployed to reduce margin. Per counter SL is Rs. 1250/- and target 1250/-.This strategy is multiple counter and reactivates after two minutes of every universal exit. So please be aware of the the risk that multiple counter strategies carry i.e. they will keep on taking trade till 3.00 PM and risk per counter is limited to Rs. 1250/- (Plus minus slippages) but unlimited per day.

The manual hedge strategy can be accessed here.

https://tradetron.tech/strategy/1152930

Capital Requirement:-

As per norms of SEBI Rs. 5,25,000/-. This is indicative figures; please check with your broker for exact margin requirements.

First Entry :- 9.18 AM onward.

Last Entry :- 3.00 PM.

Last Exit :- 3.14 PM.

Per Counter SL :- 1250

Per Counter target :- 1250

Profit Sharing:-

The Strategy doesn't have any upfront fees.

The strategy will entail 10% profit sharing. The billing shall be done on fortnightly basis based on Tradetron High watermark Policy.

Disclaimer:

I or AlgoGuru are not SEBI registered advisors or Portfolio managers. I or AlgoGuru is not responsible for any kind of loss occurred in above trading strategies. All above strategies are based on Index Options Selling. If you're not aware of losses, please read or learn about Option Selling  and do not run this strategy till you are fully aware of the risks involved.

Automated & Algo 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.

Contact Information

Telegram (Direct): https://t.me/manishaoberoi

Telegram (Channel): https://t.me/AlgoGuru1

Twitter: @algoguru1

Email: [email protected]