Strategy description

Nifty AI

Start Time : 9:18 (Non-Expiry) 10:00 (Expiry) Close Time : 14:56 on Non expiry day and  15:12 on expiry day

Sell CE near to 150 buy CE near 30. Non expiry day current expiry and expiry day next week expiry.

Sell PE near to 150 buy PE near 30. Non expiry day current expiry and expiry day next week expiry.

CE Adjustment conditions

If Nifty is moving upside and CE premium is spiking then exit the CE

CE Reentry

If PE is naked and according to indicator setup, reversal signal received then sell one lot CE as per the entry condition above.

PE Adjustment conditions

If Nifty is moving downside and PE premium is spiking then exit the PE

PE Reentry

If CE is naked and according to indicator setup, reversal signal received then sell one lot PE as per the entry condition above.

Pair exit and reentry

If any naked leg is present, and the naked leg LTP < 0.35 * leg entry price then exit the naked leg and enter a fresh pair as per entry criteria.

Hedge leg profit booking

Whenever bought leg hit 100 % target, exit and reenter as per entry logic.

Start tracking PNL post 2 PM. Keep updating the max profit with increasing profit. If PNL reduces by 1000 Rs from max profit then exit the entire strategy.

Target 5000 SL 3000

Capital Requirement 150000

Strategy Details