Strategy description

Strategy Overview

This strategy was designed with the aim of minimizing the number of trades while maintaining a structured approach to market activity. The concept draws inspiration from stability and adaptability, balancing fixed elements with dynamic adjustments.

Its behavior is based on a fixed structure, with two legs being stable while the hedge is adjusted as market conditions change. This approach is inspired by the adaptability of the character ANGAD in Ravana's court.

Key Features

1. Trade Execution: Initiates ATM Call and Put positions post 9:18 AM once the market shows signs of stabilization. The strategy does not close positions upon achieving certain profit levels but focuses instead on dynamically adjusting hedges for both Call and Put positions as the market evolves.
2. Market Adaptability: Adaptable to both stable and highly directional market conditions, aiming for consistent behavior across varying scenarios. The strategy performs well in neutral markets and on highly trending days but may struggle in sharp V-shaped market movements.
3. Number of Trades: 4-6 trades per day on one side
4. Underlying Asset: Bank Nifty
5. Day Stop Loss: ₹3,600
6. Target: Open
7. Entry Timing: Between 9:15 AM and 9:30 AM
8. Exit Timing: By 3:10 PM

Disclaimer

This content is for informational purposes only and does not constitute financial or investment advice. Users are encouraged to conduct thorough research and seek guidance from a registered financial advisor before deploying any strategy. Performance outcomes depend on various market conditions and cannot be guaranteed.