created : 2 years ago| |  live deployment: 1

Strategy description

Get Set Nifty – Multiplier:


Nifty multiplier is an intraday strategy to take maximum benefit from intraday time decay (THETHA). This strategy is designed in such a way that it will be able to handle sharp rise in volatility (VEGA) and to generate a consistent returns.


As someone has rightly said, “Return of capital is more important than Return on capital”. This strategy overrides the human emotions to achieve consistent returns through following pre-defined rules of trading:

Rule No.1:  To ensure capital protection

Rule No.2:  Consistent returns

Rule No.3:  Always follow strict stop loss

Rule No.4:  Trading basis the sound methodology based on past facts is worth the chance.

Rule No.5:  Don’t forget the above Rules.


Position Taken: It daily sell position @ 09:30 AM in three lots of Call & Put from current week expiry. Strike price is selected based on defined parameters.


Capital Requirement: As per current intraday leverage available, Nifty multiplier requires margin approx. of INR 4.5 Lacs (With Zerodha). Margin requirements across brokers may differ. Users are suggested to check margin requirements with their broker for short selling three lots of Call & Put.

(Note: Capital requirement or lot size is purposefully kept on the higher side to provide cushion on highly volatile stop loss hunting days and consistent returns.)


Risk Management: This strategy smartly managed risk by defining stop loss at every leg. Considering the position size of three lots total loss per day has been restricted to INR 4.5K.

(Note: Stay focused on the big picture when trading. A losing trade should not surprise us; It's a part of trading. A winning trade is just one step along the path to a profitable business. It is the cumulative profits that make a difference.)


Profit targets: We have not defined any target cap on profits. 

SL revised to INR 4,500/- (22nd Oct 2021)

Account opening under our referral:
[IIFL Account opening link]: Click here
[Aliceblue Referral link]: Click here

Upgrade details:

Date: 04-04-2022

-  Time for entry is streamlined across version and also dynamically set for volatile days

-  SL are re-defined at 1.5% in system.

-  Target remains open with TSL protection above 1.5% in both the versions

-  Trade for Thursday’s will be different than usual (have been optimized to stay longer in the game.

In case of any queries related with Algo trading, please reach out to us on below mentioned platforms. Always happy to help.

Instagram - @Getsetalgo

Telegram Channel -

Telegram Group -

Mail - [email protected]


Trading is inherently risky and the subscribers should bear complete responsibility for the outcome of trading and decisions you make including loss of capital. We are not SEBI registered advisor / creator so kindly contact your financial advisor or do your own research before subscribing to this strategy. 

We have taken all the possible efforts to avoid freak trades in the market. We will not be responsible for loss caused due to freak trades, if any. 

Good past performance is no guarantee of future results. It also extends to the fact - don't reduce your investment/multiplier simply just because of poor performance, In future - it can improve back to its usual amazing results. 

Although it is fully automated trading, you're advised to monitor both the tradetron and trading accounts for any deviations.