created : 1 year ago| |  live deployment: 1

created : 1 year ago |  live deployment: 1

Intraday Nifty Premium Leech


Strategy description

Strategy Description: 1X of This strategy sells 2 lot of ITM options (CE or PE) of nifty based on various technical indicators and market direction. This strategy may sell both CE and PE if direction is not clear and loss making leg exits once market becomes directional.

Capital Requirement: Rs. 300000 for 1X. For exact margin check with your broker. It is advisable to have buffer margin of at least Rs. 15000.

Entry/Exit time:     The strategy activates at 9.16 on Tuesday, 9.19 on Friday and 9.27 am on all other days. The strategy will exit by SL/ TSL/Target Profit or EOD at 3:09 pm (at 2:46 pm on Tuesday and Friday)

No. of Trades in a day: Average 4-6 (Buy + Sell) per day. No. of trades are less so you save a lot on brokerage. 

Disclaimer: ANP algo or I am not a SEBI registered advisor or Portfolio Manager. Past performance of strategy does not guarantee future returns. We do not take responsibility for any losses that might occur as a result of deploying this strategy nor do we guarantee any returns. If you are not aware of risks associated with FNO trading, you are strongly recommended to understand, analyze and then trade on FNOs. Although this strategy is fully automated, you are advised to keep a track on your account to monitor any deviations or errors.