Best Intraday Trading Strategies| Options Buying Strategy | Bank nifty

Did you know that the ROI of option buying is more than 80% a year but if you want to achieve this kind of ROI then you want a rule based system strategy. Don’t worry I am here to help you…

In this post you will learn a powerful bank nifty strategy which is back tested and I founded it effective provided that if you take it properly with stop loss and position sizing.

Bank nifty options buying strategy

Here you look for first 15 minute candle, if it is red or green that doesn’t matter and you have to look whether the first candle is break as happen by second candle or not. This is an option buying strategy

If it is happen on the upside then you can go long or if it is in down side then you can look for short.

Take a look at the below illustration for more detail:

Now you will ask me what is proof for this strategy.

Let’s look some charts in the previous days and try to understand the trading opportunity.

1) This is November 4 chart and you can clearly see that the first candle has broken by the second candle on the downside in this situation you can consider taking a short position.

2) This is November 7 chart and you can see that the first candle has broken by the second candle on the downside.

3) This is November 10 chart and this is a bit risky but you can consider if you want to take a trade here.

This are some opportunity we got in the past 10 trading days.

For this strategy always look for morning first 15 min candle. Always look for 1:1.5 risk reward so when you trade after 1:1 risk reward met then always better to trail your stop loss to cost so that you don’t end up in loss.

You don’t get opportunity every single day but you get this kind of trades once in a while.

Always trade with proper stop loss and proper position size.

So please do back testing then it works out for you then you can apply this strategy.

This article is for educational purposes

IN THE END:

So there you have it - In this post I have explain a powerful bank nifty trading strategy in a short and simple way . I hope it will help you, let me know if you have any question in the comment section below .

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