Strategy description

Nifty Intraday King Strategy Overview

The Nifty Intraday King strategy trades with 3 pairs of Nifty strangles. It is a semi-directional strategy with quick adjustment logic, making it well-suited for volatile market conditions and small range-bound markets. However, it may hit stop loss on premium spiking days.

Key Details:

1. Start Time: 9:30 AM
2. Exit Time: 3:20 PM
3. Capital Requirement: ₹800,000 per multiplier (X)
4. Target: ₹10,000 per multiplier (X)
5. Stop Loss: ₹8,000 per multiplier (X)
6. Trailing Stop Loss (TSL): Not applicable
7. Drawdown: Expected 5%
8. Average Trades: ~500 trades per month
9. Shared Code: 92f5dd86-9118-4475-a4e2-f10ce1b1b01c

User Responsibilities

1. Capital Buffer: Users are encouraged to maintain 5-10% additional capital over the recommended amount, as capital requirements may increase, especially on high-volatility days. Generating a token between 8:30 AM and 9:00 AM typically ensures smooth execution.
2. Error Notifications: If a live deployment encounters an issue, users will receive notifications via WhatsApp or Tradetron. Please check the notification log in the deployment and resolve any issues promptly. If you are unable to resolve the error, contact us through our Telegram group or personal Telegram ID provided above.

Algo Awareness for Users

In Tradetron, although the strategy logic is consistent, outcomes may vary based on each user's entry strike and price. For example, if one user enters at 300 and another at 305, adjustments may differ, and day-end results may vary accordingly. Over time, these differences generally even out across users.

To manage costs effectively, users are encouraged to consider low-cost or zero-brokerage brokers. For further guidance on optimizing costs, please feel free to contact us. Additionally, selecting a reliable broker with stable API performance can help minimize execution issues. We are happy to provide feedback based on our experience.

Disclaimer

Market Star is not a SEBI-registered advisor. Although this strategy is carefully designed based on observed market conditions, it does not guarantee specific ROI or results. Before deploying the strategy, consult a qualified investment advisor. Option trading involves substantial risk, and this strategy is best suited for those with a clear understanding of option selling and trading.