Banknifty SureShot Intraday Strategy without any analysis

[Charles07]

Closed my all positions @ 14:54
Proof of closing: http://prntscr.com/e6vus0

Bought Back Options:
20200 CE @ 158.55. Profit = 198 - 158.55 = 39.45
20300 PE @ 174.55. Profit = 163 - 174.55 = -11.55
Future Profit / loss = 20310 - 20264 = +46

Future cross my line 3 times
So average 10 point loss in each cross

Profit/loss from line cross : 3*10 = -30

Total Profit/Loss of the day:
39-11+46-30 = 44 Points

= 44*40 = 1760Rs.

:clap::clap::clap:

I made continuous profit for this week. Not a single day with loss..

nice ! congrats.. :thumb:

 

[princy01]

Today, Profit is less because line was crossed multiple times in future.

Can you please clarify this " line ", I do not understand this

 

[yoursonlyvinu]

Today, Profit is less because line was crossed multiple times in future.

Thanks for posting ur trades please continue posting trade to increase the confidence in trades

Sent from my Lenovo A2010-a using Tapatalk

 

[samwarez]

 

[OneThatGotAway]

Sam warez in my thinking best way to handle that is to look at 30 min 200 day average. price is above that there is chance that bull will return.

In above chart we can see at 13:47 Master candle is formed ...The low of master candle to be used as Mental Stop loss ..
Above is my view only and i have been wrong a lot lot lot of times in past lol

 

[suryameet25]

Can you please clarify this " line ", I do not understand this

Please check the first thread..

 

[suryameet25]

I always put 10 points stoploss while placing a future order. AS you can check line was crossed wrong 3 times. And I also added -30 points to my profit/loss.

Don't know how my line becomes a resistance Yesterday. And price move over that line. Normally this happen to actual support & resistance.

But no worry, Next day will be more profitable..
:thumb::thumb::thumb:

 

[suryameet25]

Sam warez in my thinking best way to handle that is to look at 30 min 200 day average. price is above that there is chance that bull will return.

In above chart we can see at 13:47 Master candle is formed ...The low of master candle to be used as Mental Stop loss ..
Above is my view only and i have been wrong a lot lot lot of times in past lol

We are not going to use any technical analysis here..

 

[yoursonlyvinu]

I always put 10 points stoploss while placing a future order. AS you can check line was crossed wrong 3 times. And I also added -30 points to my profit/loss.

Don't know how my line becomes a resistance Yesterday. And price move over that line. Normally this happen to actual support & resistance.

But no worry, Next day will be more profitable..
:thumb::thumb::thumb:

Do u have any method to handle that fluctuations near the line

Sent from my Lenovo A2010-a using Tapatalk

 

[sabu]

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

Selling calls/puts or buying futures requires sufficient funds.
Can you suggest some strategy for options buyers?