This product is suitable for traders who want to take advantage of trading with managed risk and still achieve high ROI. The product helps to control leverage compared to trading in futures and since trades are intraday it helps avoid overnight risk.
This product is about intraday trading in the Equity Cash segment where all the trades recommended would be closed before the end of the trading session by 3:15pm.
Trades would be given in stocks having high liquidity and in sound companies. The trades could be either Long or Short. Long trades are where we buy first and sell at higher price, here we believe prices to rise and short trades are where we sell first and then buy at a lower price, here we believe prices to drop.
The Trades would be generated from in-depth Technical analysis of the price, trend-structure, support-resistances,
momentum, sector analysis, etc
Risk: Reward is another major criteria which is taken into consideration and we strive to make traders comfortable and at ease by providing low risk high reward trade.
The risk: reward for this product shall be 1:1 for first target and 1:2 for second target. The recommendation will have a minimum target of 1%.
With respect to number of open trading positions, at any point of time we shall have a maximum of 6 open positions. And therefore the ideal margin required to participate in this product shall be 1.5 lakh as trades are specifically for intraday traders can take advantage of leverage. For calculation of Profit and Loss for this product, we shall assume one lakh worth value in each trade. Traders with high capital increase the trade size.
- What is it all about?
It is a purely intraday cash product. All the recommendations will be squared off by 3.15 PM.
- What is the universe for the stocks?
Stocks are chosen from a predefined universe with a minimum average volume above 1 lakh for 5 days.
- How many Recommendations will be open for this product?
Maximum 6 recommendations will be open at a time for this product.
- What is the required margin for this product?
Margin requirement is 1.5 Lakh for this product.
- What is the Risk/Reward Ratio for this product?
The reward per recommendation will be minimum of 1%. Risk Reward Ratio will be 1:1 for 1st Target and 1:2 for the 2nd Target.
- How Profit/Loss will be calculated for this product?
Profit/Loss will be calculated on basis of 1 Lakh amount per one recommendation.
- Is it necessary to trade all the recommendations of product?
Yes, It is necessary to trade all the recommendations of the product to match with our Profit/Loss report.