BANKNIFTY Spot 0.09% Strategy | 3 Targets by sharankumar_sgs
By sharankumar_sgs
Performance Metrics
- Author: sharankumar_sgs
- Symbol: NSE:BANKNIFTY
- Timeframe: 5 minutes
Description
The strategy waits for a 5-minute candle to close beyond ±0.09%, then places an entry order 1 point beyond that candle's high or low. It uses the signal candle's opposite end as the stop-loss, permits entry within the next three candles, and closes remaining positions at 3:15 PM.Important: Apply this to NSE:BANKNIFTY on the 5-minute chart. The results represent simulated Bank Nifty Spot points, not Bank Nifty options P&L.