Strategy description

STRATEGY DESCRIPTION

NIFTY MAGIC operates on NIFTY and BANKNIFTY based on specific conditions, focusing on options trading with multiple entries supported by hedge positions.

Exchange: NFO

• Entry Time: After 9:15 AM when conditions are met (not strictly time-based).
• Exit Time: 3:25 PM or earlier if conditions align.
• Capital Requirement: ₹50,000 per multiplier (X).
• Max Loss per Day: ₹1,750 per multiplier (X).
• Drawdown: Approximately 7%.
• Monthly Fee: Free + 20.00%

User Responsibility:
It is recommended that users maintain 5-10% additional capital beyond the suggested amount to handle potential capital increases, especially during high-volatility periods (e.g., rising VIX). With correct capital allocation and token generation between 8:30 AM and 9:00 AM, execution issues are minimized. In case of any live deployment errors, users will receive notifications via WhatsApp or Tradetron. Please check the notification log in the deployment section to resolve issues promptly. For further assistance, reach out through our Telegram group.

Algo Awareness for Users:
While the strategy's logic is the same for all users, individual outcomes may vary due to differences in entry strikes and prices. For example, if one user enters at a strike of 300 and another at 305, adjustments and final results might differ. Over time, these differences generally balance out across users. Users are encouraged to consider low-cost or zero-brokerage brokers to improve net returns. Reliable API connectivity also helps minimize execution issues. We can provide feedback on broker selection and cost optimization.

Disclaimer

We are not SEBI-registered advisors. This strategy has been carefully designed, but we make no claims regarding specific ROI. It is highly recommended that users consult a qualified investment advisor before deploying this strategy live. Options trading involves substantial risk, and this strategy is suited only for those who have a comprehensive understanding of options trading.