created : 1 year ago| | live deployment: 1
Pulaaha is an option writing algorithm on Nifty. Strategy takes 2 trades per day.
First Trade in the morning between 1000 and exit by 1505.
After exiting 1st trade, 2nd trade will take as an overnight trade .
1st Trade will be having 4 lots of nifty each of 2 short calls and 2 short put options.
Second trade will enter by 1520 and exit before 945 next trading day. Overnight trade consisting of one long Nifty future and One Short Nifty Call
Rs 300000 is the required capital. We also suggest maintaining a 10% margin buffer to cover maximum drawn and margin spikes.
Stop Loss: There is stop loss for individual legs provided, in addition to MTM stop loss of 2000 rupees per trade.
The back test report and performance visit our website:
All my strategies are free to deploy till 30th August 2022
There is no upfront fee for our algorithm.
The algorithm has a 10% profit sharing billed monthly on the gross PnL recorded by the TT deployment page. The profit sharing will be calculated as cumulative gross profit across all our strategies.
Telegram Channel: https://t.me/saptharishi_algo