Bank Nifty opened with a gap-up today but spent the rest of the session moving sideways. There were a few short-lived trending moves during the day, but none managed to sustain momentum. Since this is Diwali week and Muhurat trading is scheduled for tomorrow, the market action remained muted as expected. Option prices stayed largely unchanged, leading to a no profit, no loss kind of day.
Bank Nifty Chart:
Profit / Loss of Our Strategies:
- BN Futures 5 min Renko – Total Trades (6) – Profit/Loss (-50)
- BN ATM Options 5 min Renko – Total Trades (15) – Profit/Loss (+4865)
The profit figure for Strategy 1 is incorrect because I had to exit and restart the trade due to a technical bug. At the end of the day, I manually adjusted the total by combining both the closed positions and the profit displayed in the screenshot. After reconciling the numbers, the overall result came to a loss of 50 rupees.
Detailed insights into the strategy can be found here.
Disclaimer: The profit and loss figures provided above are for educational purposes only. Implementing these strategies without adequate knowledge may lead to losses. For more information and guidance, please contact me at: simplestrategieswork@gmail.com