Strategy description

Strategy description

This strategy buys Banknifty options  ( Call or Put ) based on certain parameters and technical analysis . Sometimes when suitable opportunity does not exist in Bank Nifty , this algo may explore chances  in Nifty options also.

                         IMPORTANT POINTS

1.    Stop loss-2500

2.    Targets -Open

3.    Keep extra 10k capital as buffer for additional capital requirements if there is any

4.    Don’t deploy if you are not comfortable with a Draw Down up to 40 percentage

5.    The basic logic of the strategy is to win big and lose small

6.    There will be series of stoploss days but those will be recovered quickly so staying with the algo is the key

7.    Have a time frame of 6 months 

  PRODUCT : NRML . BUT WILL NOT BE CARRIED FORWARD NEXT DAY. EXITS AROUND 1520 HOURS.

Please deploy this strategy before market opens. Don’t reactivate during Market 

Exchanges

NFO

Capital Required

₹ 10,000

Monthly Fee 

Free + 5 %

Disclaimer: I am not SEBI registered advisor or Portfolio Manager. I do not take responsibility for any losses that might occur as a result of deploying this strategy nor do I 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.