Today, Bank Nifty exhibited mostly sideways price action, making it a challenging environment for options buying strategies to perform well. However, a downward trend developed later in the day, which helped to reduce losses from these strategies.
Bank Nifty Chart:
Profit and Loss for the Simulated Strategy:
- BN Futures 5 min Renko – Total Trades (6) – Profit/Loss (-166)
Intraday PnL:
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