Strategy description

IM02 algo is an Intraday Trading Strategy  for NSE-equity Cash segment, it will dynamically BUY/SELL depending on market movements. 

Algo selects 5 to 10 shares dynamically  after opening the market open.

Target        :  Open 

Stop Loss  :  Approximately Rs. 2000 ( Maximum Loss for 1 Multiplier)

Multiplier :  1 Multiplier was Approximately 25000rs (5 to 10 shares) worth Equity Shares, it was without margin.

Capital       :  25000rs for 1 Multiplier, depends on Broker you select. Keep amount extra 10000rs as MTM buffer (Depends on broker)

Start Time:   Entry After 09:45AM (Depends on Conditions)

End   Time:    Square off/End Time After 3:10PM