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JayneshKasliwal

13 تغريدة 99 قراءة Mar 30, 2023

𝟭𝟱 𝗠𝗶𝗻 𝗢𝗽𝗲𝗻𝗶𝗻𝗴 𝗥𝗮𝗻𝗴𝗲 𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝗢𝗽𝘁𝗶𝗼𝗻𝘀 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆
🧵 Thread 🧵

What is opening range breakout ?
🔸 The opening range is high and low for a given period after the market opens.
🔸 This period is generally the first 30 or 60 minutes of trading.
🔸 The opening hour of the market is associated with big trading volumes and volatility.
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🔸 This time of the trading session provides many trading opportunities.
🔸 In this way, traders use the opening range to set the entry points and to predict and forecast the price action for the day.
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𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗥𝘂𝗹𝗲𝘀
🔸 Option Premium > 200
🔸 Instrument : Banknifty
🔸 Days to Trade : All days
🔸 Stoploss : 40% on each leg
🔸 Range Breakout from 9:16 to 9:30 AM
🔸 Exit time : 3:25 pm
🔸 Trend Following System
🔸 Option sell on range breakout of opp side
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𝗛𝗼𝘄 𝘁𝗼 𝗧𝗿𝗮𝗱𝗲 𝗶𝘁 :
🔸 At 9:16 go to NSE Website and look for a option price that is immediately above 200
🔸 That option price could be 220 240 260 etc it doesn’t matter here
🔸 Mark the High and Low for the option from 9:16 to 9:30 am
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Incase of option selling wait for the low to break of any CE/PE and Short it
🔸 Keep a Stoploss of 40% on each leg
🔸 In volatile Market both legs may get triggered
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𝗕𝗮𝗰𝗸𝘁𝗲𝘀𝘁 𝗗𝗮𝘁𝗮 :
Stockmock Link :stockmock.in
Quantiply Link ( Coming in few Months ) :app.quantiply.tech
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𝗕𝗮𝗰𝗸𝘁𝗲𝘀𝘁 𝗗𝗮𝘁𝗮 :
Stockmock Link :https://t.co/xX0sa7YUkp
Quantiply Link ( Coming in few Months ) :htt...

app.quantiply.tech/auth/signup?re…

Quantiply.tech - Fully automated F&O trading

Fully automated & configurable algos for Nifty & Banknifty, futures & options

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Stock Mock | Backtest Index Strategies

Welcome to the world of backtesting nifty and banknifty futures & options strategies

23rd Feb : Loss Day Reversal Market2nd and 3rd March : Profit Day Trending Market
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𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗖𝗵𝗮𝗿𝗮𝗰𝘁𝗲𝗿𝗶𝘀𝘁𝗶𝗰𝘀
🔸 Capital Req : 2 Lakh including 2x DD of 40k
🔸 You can start with 2.5L as well
🔸 Works great in trending markets
🔸 In deep pullbacks stoploss may hit hence one can add re entry feature
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🔸 In Volatile markets will be loss making strategy
🔸 Can combine this with other Option selling strategies to reduce DD and Improve System
🔸 You can also change strikes , timing of range and instrument to diversify and form new strategies
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Youtube Video Must watch to understand the Strategy:
youtu.be
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