Strategy description

The BRAHMOSV2 Algo Trading strategy is a sophisticated options buying algorithm that integrates the with advanced technical analysis to create a trading system. It is designed to identify pivotal price levels where the market is likely to reverse or break out, and strategically enter options trades (calls or puts) at these critical points.

Here’s a detailed breakdown of how the BRAHMOSV2 works:

Core Strategy Overview

1. Gann Levels as Key Support and Resistance Zones:

   • The Gann levels are dynamic and adjusted based on real-time price movements, ensuring accuracy in determining market trends.

2. Options Buying Logic: The strategy specifically focuses on buying call or put options when the price approaches a significant Gann level:

   • Call Option Buy Signal:
     • Triggered when the price reaches or dips near a Gann support level and shows a bullish reversal pattern.
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   • Put Option Buy Signal:
     • Triggered when the price approaches or tests a Gann resistance level and shows signs of bearish weakness.
     • Brahmos 3  with 40,70,150 means buy 150 Qty of Nifty tat is 2 lots from 20th Nov, Stop loss 40 points, Target 70 point for one lot and 150 point for other lot or Rs.5000 target for trade.
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