[Updated] Bank Nifty Future: Best Intraday Strategy in 2020

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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):

Bank Nifty Future strategy performance
*Above performance is with 20 lot size.

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]:

Bank Nifty Future strategy performance graph

Profit Table

Bank Nifty Future strategy performance

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]:

Bank nifty future intraday strategy performance

Above is the performance report from 1st July 2020 to 30th September 2020 with just 3 lots and transaction cost 0.02%.*

*Disclaimer Applies 

Bank nifty future intraday strategy performance
Bank nifty future intraday strategy performance

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 support@repleteequities.com or contact us through WhatsApp or live chat.

For more details visit our telegram channel.  Click here

Some frequently asked questions:

Are these system-generated alerts?

Yes, Every alert you will get is automatically system generated. Free from all human emotions and errors.

How many trades we’ll get in a day?

Just one or max 2. We believe in less but good trades only.

How will we get these alerts?

We’ll share with you a link to our telegram channel, where you will get all the live trades.

Will we get enough time to place an order after receiving an alert?

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.

Is there real-time support available for this bank nifty future intraday strategy?

Yes, of course, you can contact anytime on WhatsApp or Telegram. We’ll share details once you subscribe.

Is this strategy available for stocks as well?

Right now we are back-testing our strategies on stocks, very soon we’ll launch it.

Can we purchase this Bank nifty future strategy?

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.

Are you providing any trial for this bank nifty future intraday strategy?

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.

Can you help to manage my account?

Yes, you can open a trading account with us, and we’ll manage your account with your permissions.

Final Words:

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.

Click here to check the performance of our option strategies

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.

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8+ Years working as a derivative trader, Option Writer, Blogger, Trader by passion, Keen Follower of Indian share market

10 thoughts on “[Updated] Bank Nifty Future: Best Intraday Strategy in 2020”

  1. I couldn’t find a better website and article on the Internet than yours for this. It is indeed a great article to read! Had an awesome time reading it… Thanks and keep up the good work!

  2. 74% capital gain in one year means if we invest 1 lac it would be 1.74 lac and you are charging 3000 p.m. for this which means we will give you 36000 in a year and gain is only 38000. Then I think this is expensive in this comparison. I lost almost 80000 in last 45 days in nifty options and wants to switch to bank nifty now but the problem is that I don’t have so much capital. How can you help me in this regard.

    • Thank you Amit for writing. We are recommending 2 lakh of capital for the long run. and we have an annual plan too if you are comfortable with this strategy and wanted to implement for the long term. The annual plan is 60% cheaper compared to the monthly plan. You can contact us on Whatsapp for more details.

    • With this strategy, you will get intraday alerts on telegram channel with entry price and stoploss. Target we are keeping open till 3:15 PM. Means take entry when alert generate and close trade either at 3:15 PM or if stoploss triggered.

    • Marin requirements are different from broker to broker, but we recommend atleast 50-60k must be in your account for one lot. So that you can maintain the risk.


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