This is Banknifty weekly Option Shorting strategy. This strategy can be automated with three Brokers i.e. Mastertrust and IIFL for now, as and when we integrate other brokers will update you all.
The strategy doesn't have any stoploss, trailing stoploss
Option BNF POSH is complete momentum-based positional strategy bot, where signal gets generated if market is trending. The strategy shall hold continuous position and shall never remain idle. This is a fully automated Strategy BOT, there is no action required from a Traders end, once you deploy the strategy successfully you are all set to trade on this Automated Strategy. The Strategy generates signal if market is trending up as well as when market is falling down. Positions shall be taken on either Put Short (When BankNifty Index is moving upward) or Call Short (when BankNifty Index is falling down). While taking short position, it also buys respective Call or Put option to minimize the margin requirement.
Average margin requirement is Rs. 60,000/-
Target and SL Logic:
There is no target or stoploss in this strategy, entry and exit shall be based on signal.
Please watch the below Video to know more of the strategy bot.
Disclaimer: The strategy used by this Algorithmic trading bot is based on historical data and do not guarantee future results. This trading bot may not perform as expected due to unforeseen market conditions, technical issues, or other factors. We do not guarantee any specific returns or outcomes, and you should be prepared to potentially lose all or a portion of your investment. We are not responsible for any losses incurred from using this Algorithmic trading bot, and you own full responsibility for your investment decisions.
Holding : Positional
Instrument : BANKNIFTY
Segment : FNO
Market Conditions : Trending
Capital Required : 60000
Daily Return : 20.00 - 20.00 %
Monthly Return : 12.00
Yearly Return : 140.00
Winning Probablity : 56.00