Strategy description

Intraday Nifty Option Buying Strategy (96 Lots)

This strategy is designed to catch quick momentum in the Nifty options market. It operates as an intraday scalping strategy and avoids any trades on event days like RBI Policy Result Day, Union Budget Day, Election Result Day and NEWS Events Days and around. For optimal results, it's essential to be consistent with this strategy. Strategy's profitability is purely depending on executed price at broker end, if negative slippages there then it won't be profitable. Use with good execution speed and API speed broker for good outcome, be disciplined. Strategy will not run automatically on higher premium days.

Key Details

1. Capital Required: ₹5,00,000 for 96 lots (for the trading account).
2. Multiplier: Up to 1X (₹5,00,000 capital needed for 96 lots).
3. Strategy Start Time: 9:16 AM
4. Strategy End Time: 2:00 PM
5. Profit Target: ₹50,000 (10% of ₹5,00,000)
6. Stop Loss: Up to Rs.1,00,000. In this strategy we have to keep deep stop loss to avoid early exit. Profitability is purely depending on executed price at broker end, if negative slippages there then it won't be profitable.
   
7. Action: The strategy buys both CE (Call Option) and PE (Put Option) according to the momentum direction.
8. Token Generation: Always generate a token every morning before the market opens.
9. Re-activation: Once the strategy exits at Target, it will not automatically re-activate.
10. Contact Information: For support, you can reach TradingEDGE at [email protected]

Important Notes

Please don't ask for any back test data, Paper Trade for few weeks and then live trade with 1 lot, this strategy can give you consecutive loss days due to market conditions and slippages. If paper trade result showed you everyday profit, does not mean live trade will be the same, you have to check it live and give sometime to perform the strategy. Do not expect any miracles and every day profits. 

Be cautious about running this strategy on event days like RBI Policy Result Day, Union Budget Day, Election Result Day and NEWS Events Days and around, as market conditions may cause significant slippages, resulting in losses. When there are no major slippages at the broker's end, this strategy is generally profitable. It's recommended to maintain consistency with this strategy for good outcomes.