Also known as DN within uTrade Originals,This strategy focuses on trading Nifty weekly options, targeting intraday movements by selling both Call and Put options. It’s designed to capitalize on both directional and non-directional market shifts. Specifically tailored for Wednesday and Thursday trading sessions in the Nifty symbol. Note: – Trading in this strategy should be avoided on an event day.

Note: – Trading in this strategy should be avoided on an event day.

Factor: Dual Nifty

Capital requirement: Rs. 80,000 for 1X multiplier

Start Time: 9:16 AM

End Time: 02:39 PM

Execution Days: Wednesday and Thursday

Preferable Days: Wednesday and Thursday

Favourable Conditions:

Fall in volatility
Range Bound movements
Directional Moves

Risk Factors:

Rise in volatility
High volatility in market with increasing premiums
No decay in premiums

Default Parameters:

Logs: 0,1
Net Loss: 12000
Net Profit: NA
Order Lot: 1
Order Lot Slice: 1
Order Price Fill: 7
Premium Price: OTM 1
Premium Range: NA
Stop Loss each leg %: 20%
Strike Depth: NA
Strike Diff: NA
Symbol: Nifty
OI check time interval: NA