For Bank Nifty future, people are using many strategies; Some are using indicators, some are using support and resistance, some are using trendiness, etc. If you are looking for the best intraday strategy for Bank Nifty Future, then this is for you.
Signals from the algo based system:
We are using price action, we calculate a range for intraday based on the first 30 minutes trading activity, and based on that range we are taking our trades. If we got a breakout, we’ll do long and will short with a breakdown.
It’s like an Open Range breakout, but we filter this strategy with EMAs, RSI & Macd. It will filter all the unnecessary noise and will give a BUY/SELL signal only once strength and momentum are in our favor.
We back test this strategy with the data from 1st January 2018 – 30th June 2020 (2+ years).
Statistics for Bank nifty future (JAN 2018 – JUNE 2020):
Few things need to consider: Net Profit %, transaction cost (We are keeping 0.02% as a transaction cost), Average Profit/Loss, and Most essential, Risk: Reward Ratio. In my every post, one word is common, that is Risk Management.
Risk management is the only holy grail to success in this market. In this strategy, if you look at the Risk: Reward ratio (5.30), which is quite reasonable to generate a consistent return.
This strategy is generating an 87.84% annual return on 3 Lakh capital (3lots) with great risk: reward ratio(1:5.30) and a max drawdown of 14.42%.
Equity chart [JAN 2018 – JUNE 2020]:
Trading Plan (Modified):
This strategy is purely intraday. What we are doing here is, Whatever trade we are taking either it’s a long trade, or it’s a short trade, We are holding that trade till 3:15 PM. Now if we got a reverse signal in between, we’ll reverse our trade and will keep that trade till 3:15 PM.
Example: Suppose we got a long signal at 11:00 AM and we initiate a long trade, later around 1:00 PM we got a sell signal, which means we have to square off that long trade and initiate a Short trade and will hold that trade till 3:15 PM.
Modifications did in this strategy:
After took suggestions and feedbacks from our clients, we did some modifications in terms of risk in our Bank nifty future strategy. Now we are using a fixed 0.60% as a stop loss to minimize risk and increase the profitability.
Latest performance with 25 Lot size [JULY 2020 – SEP 2020]:
Above is the performance report from 1st July 2020 to 30th September 2020 with just 3 lots and transaction cost 0.02%.*
How can you work with this strategy?
Once you subscribe to Bank nifty future, we’ll add you to our telegram channel where you will get all the system generated alerts.
How to subscribe?
Charges are just 2999₹/month. Click on the below button to know all the plans and subscribe.
These are monthly charges. You have to subscribe every month. The discount is valid for the first time only. For higher plans discount, please contact us on WhatsApp or through the chat window.
After successful payment send us a mail at email@example.com or contact us through WhatsApp or live chat.
For more details visit our telegram channel. Click here
Some frequently asked questions:
Yes, Every alert you will get is automatically system generated. Free from all human emotions and errors.
Just one or max 2. We believe in less but good trades only.
We’ll share with you a link to our telegram channel, where you will get all the live trades.
Yes, Once you get an alert, you can place a limit order with 10-20 points buffer. If the price is above 20 points just keep a limit order. 95% time price reverses and your order will execute.
Yes, of course, you can contact anytime on WhatsApp or Telegram. We’ll share details once you subscribe.
Right now we are back-testing our strategies on stocks, very soon we’ll launch it.
Right now, we are not planning to sell this Bank nifty future strategy, but in the future, definitely you will get this strategy. Keep following our blog.
Yes, We are providing a paid trial in 1000₹ for one week (5 trading sessions). You can ask the details in the chat window.
Note: Trial fee is non-refundable, non-transferable or non-adjustable.
Yes, you can open a trading account with us, and we’ll manage your account with your permissions.
We made this strategy after three years of hard work. After seeing, so many retail traders who are losing money because of their emotions(Fear & Greed), Because they don’t have a proper strategy for execution. You will quickly get free advice, but every valuable thing comes with a specific cost. You know how hard it is to make money.
You can loose here in just one trade but to recover that lost money you have to make lots of effort. Here we are taking a small amount to provide you best and valuable service. Your one stop-loss is more than this subscription fee. So think once before left that are you serious about your trading or just wanted to trade based on assumptions and without a proper strategy?
If you have any queries, Feel free to contact us.
DISCLAIMER: – we are not a SEBI research analyst. previous return is not a guarantee of future performance. There is no liability whatsoever for any loss arising from the use of this product or its contents. This product is not a recommendation to buy or sell, but rather a guideline to interpreting specified analysis methods. This information should only be used by investors and traders who are aware of the risk inherent in securities trading.