Bank Nifty price action today showed a clear trend, but the gains from the option buying strategy were completely erased due to a trend reversal later in the day and the effects of theta decay.
Bank Nifty Chart:
Profit and Loss for the Simulated Strategy:
- BN Futures 5 min Renko – Total Trades (9) – Profit/Loss (-5024)
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