Hi,
I tested this strategy myself and it is working perfect for me.
This strategy works in every market conditions like Upside, downside or sideways.
No carry forward, No technical/fundamental Analysis, Less margin in intraday
Best time to take position At 09:30 -10 AM:
But you can take position at any time in the day. You will surely make profit.
Sell current week
ITM/ATM Call
ITM/ATM Put
On wednesday/thursday sell next week CALL & Put
At the same time draw a straight line at the Banknifty future Chart at the current price
If banknifty future is below that line sell Banknifty future
If banknifty future is above that line Buy Future
Keep the positions opened till market close and keep your future stoploss at line.
Exit future trade position as soon as price cross the line in opposite direction. And place another order as per future price direction from the line
There are chances that you have to take multiple orders in future if sideways.
But this amount will be covered by your option selling in sideways.
You will make big if trade is in any one side of your line.
We are not going to make money from future here. We will take benefit of option selling. Future is for hedge only.
Let me know your views
I tested this strategy myself and it is working perfect for me.
This strategy works in every market conditions like Upside, downside or sideways.
No carry forward, No technical/fundamental Analysis, Less margin in intraday
Best time to take position At 09:30 -10 AM:
But you can take position at any time in the day. You will surely make profit.
Sell current week
ITM/ATM Call
ITM/ATM Put
On wednesday/thursday sell next week CALL & Put
At the same time draw a straight line at the Banknifty future Chart at the current price
If banknifty future is below that line sell Banknifty future
If banknifty future is above that line Buy Future
Keep the positions opened till market close and keep your future stoploss at line.
Exit future trade position as soon as price cross the line in opposite direction. And place another order as per future price direction from the line
There are chances that you have to take multiple orders in future if sideways.
But this amount will be covered by your option selling in sideways.
You will make big if trade is in any one side of your line.
We are not going to make money from future here. We will take benefit of option selling. Future is for hedge only.
Let me know your views
Banknifty SureShot Intraday Strategy without any analysis
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