Note : This strategy works best with Primary Index of any Exchange. Apply this strategy on the Futures Index chart and trade on Index Options. Entry Rules 1# A rally of 0.18% or more of Nifty trading points within 20 minutes. For example if Nifty is trading at 8500 then 0.18% means 15 points. 2# Enter when there is a crossover of the rally between 10 to 60 minutes. For example if the rally touches 8515 and crossover the same after 10 minutes and before 60 minutes Note : The rally need not be a high/low breakout. The rally can be either with the trend or against the trend.
Success rate is half the battle, the second is trade management -- people should look at, or report, on the overall picture
Since when is 0.18% considered a rally? To trade this with options sounds silly, wouldn't just futures be easier and less costly?