Nifty and banknifty trading strategy with st

#1
Hello Dear all

i am starting this new thread with my very simple to use 60 min supertrend strategy which i have applied and made profits since many months, although sometimes taking a break due to my job constraints and family commitments. Overall i feel this is a nice method. i am now thinking of applying this for a long period to test authenticity.:cool:

One needs to trade both nifty and bank nifty, as sometimes nifty goes contrary to trend due to heavy weights shorts, so this gives me a kind of hedge with BNF, as you will notice on 19th may, images of which i am posting in forward posts.
 
#3


I trade both nifty and banknifty ,as on 16th may, nf trigerred sell as per ST indicator but BNF kept on buy mode, thus the whipsaw to happen will be hedged.lets see now when will both give same signal and thats where i start making profits again.
 
#4
We can also hedge by selling ATM Call or Put.

If we get a buy signal - buy Nifty future and short ATM call.
If we get a sell signal - sell Nifty future and short ATM put.
 

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