created : 2 years ago| | live deployment: 0
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