# This Bank Nifty trading strategy will help you to quit job in 2020

Hey guys, Happy new year. So today is 3rd January 2020. And in my last video of the year 2019, I have

promised you that in this year and I am coming up with a new video that can be a game changer. That can change your life. So in this video, I am going to describe you

that you can quit your job in this year 2020 and you can make stock market your profession. To be precise, I am going to discuss a Bank

Nifty trading strategy. That will help you to leave your job, to quit

your job in this year 2020. So you can start making a profession in the

stock market. You can quit your job and still you can make

money from the stock market. You can make enough money to maintain a family

in the stock market. So friends let me show you this Bank Nifty

trading strategy. This Bank Nifty trading strategy is very simple. It does not need very big money to invest. it does not need anything, any technical analysis. So this is almost a no brainer. Even a novice trader, a newcomer can follow

this strategy. And he can start making money in this year

2020. So let me show you the actual strategy. But before that let me give you a short intro

of mine. Hello friends, I am Indrajit Mukherjee from

StockManiacs.net. If you want to grow your wealth from the stock

and commodity markets hit the subscribe button and hit the bell notification icon. You can also send me your stock market related

queries through WhatsApp in my number +91-9674321856. So friends, this Bank Nifty trading strategies

very simple. You need to simply follow the first 30 minutes

high and low. And you need to buy if a 5 minutes candle

crosses and closes above the first 30 minutes high. Similarly, you need to sell if a 5 minutes

candle crosses and closes below the first 30 minutes low. And you will be stopped out. Suppose you are in a buy trade, you will be

stopped out if the price does not move up instead it actually closes below the 30 minutes

low. So you will be stopped from a buy trade. And if you on a sell trade, it will be stopped

out if price does not move below but it closes above the first 30 minutes high. That means it is a very simple system. You need to just buy above the first 30 minutes

high. And you need to sell below the first 30 minutes

low. And the stop loss is also very simple. And if you are stopped out, just simply reverse

the trade. So if you are in a buy trade, if you are seeing

that the market did not move up, instead it has moved down and it has closed below the

30 minutes low, a 5 minutes candle has closed below the 5 minutes low, then you reverse

the trade. Stop and reverse. Similarly, in case of a short sell trade,

if you are saying that the price has not moved down instead it has moved up and close above

the first 30 minutes high, in that case, you reverse the trade. And, you will reverse only one scenatic. So you are not going to king in her in that

case you develop it was only once in a day so you are not going to reverse n number of

times. So I will show you in the chart. I will show you in the live example in the

chart. And I was once again making you sure that

this simple strategy will help you quit your job in this year 2020. Now, we have discussed the stop loss. Now, what is the exit. Where to book profit. S that is also very simple. Do not book profit anywhere. Simply close the trade before market closed. So we are going to close the trade at around

3.15, before your broker actually squared off your trade. So you just close the trade just at 3:15. So exit is also very simple. So the entry is simple, the stop loss is simple. And the exit is also very simple. But this is a very simple system still I am

assuring you that it is going to be the very big profit system. And it will help you to quit your job in this

year 2020. So this Bank Nifty trading system is going

to change your life in this new year 2020. And I am going to prove it. So let us see the real life example. So friends, this is the strategy I am showing

you in amibroker. But you can use any of the charts, you can

use Zerodha kite, you can use Upstox Pro. So whatever is your charting platform, you

can use that. So you can use this strategy in any charts. I am using amibroker because amibroker has

a testing facility. So I’ll show you the backtest of this system. So you can see in my amibroker, I have already

drawn the lines in the first 30 minute high and low. So these are all 5 minute candles. So we will follow first 6 candles. So 1 2 3 4 5 and 6. So these 6 candles’ high get noted and amibroker

automatically drawn the line here. the The Yellow line is the first 30 minutes

high. The first six five minute candles high. And the blue line is the low. Low means the first 30 minutes low. This six 5 minutes candle low is the blue

line. So we are going to sell if a 5 minute candle

going to close below this blue line. And we are going to buy if a 5 minute candle

is closing above the yellow line. So you can see the strategy is simple. There is a buy signal is generated, whenever

a five minute candle is going to close above the yellow line. That means the first 30 minutes high is pierced. And the sell signal is coming whenever the

first 30 minutes low is breached and the candle is closing. The five minute candle is closing below the

first 30 minutes low. So rule is very simple. So there can be two situations. Number one, you can end up in loss or you

can end up in profit or you can end up a small loss or you can end up almost in a no profit

no loss situation. There can be days when you will be stopped

out. Suppose here a buy signal has come. After that the buy has been stopped out. And you have got a sell signal. Once again the next day also, you have got

a sell signal. And the sell signal has stopped out. And you have got a buy signal. So these arrows are actually signals. And the star marks are actually exit signals. So I have just created this system to demonstrate

this Bank Nifty Trading strategy. It is not mandatory to trading amibroker. So you can see there are days when you will

be stopped out. So this is a losing day. This is once again a losing day. This is a profitable day. You have got a buy signal. And then you have ended in profit. The next day is also a small profit day. Because you can see, you have got a sell signal. After that the market went down, but ultimately,

it has once again went up. And you have almost exited in a no profit

no loss situation. So this strategy is very simple. This Bank Nifty trading strategy is very simple. So how much is the profit potential and how

much is the accuracy. So let us check that. Let us backtest this system. I have got data for a very long time. See there are highly profitable days like

this. You can see there is a buy signal has come. After that the market has rallied a long. And there are some whipsaw days when actually

you are making losses. But this system is very profitable. These whipsaw days are actually taken care

of by these high profit days. So let us see the profitability. Let us backtest this system. So we have back tested for entire 2018. So entire 2018 we have back tested on the

Bank Nifty Futures. So we will back test with only one Bank Nifty. So this will help us in understanding how

much point we are getting. So one Bank Nifty, we will trade both long

and short. 5 minutes candle and commission, brokerage,

I have calculated brokerage also. The percent is 0.01%. That means 1 paisa brokerage is calculated. So this system is back test and it is inclusive

of brokerage. Now, let us check in this year 2018 how much

performance has been made. And let me show you the parameters also. So you can see the breakout time is 9.50. So 9.45 high and low are established. And in the 9.50 candle, the breakout can take

place. The last trade time is 3o’ clock in the

afternoon. That means that time the last trade entry

can be taken. So after 3o’clock we are not taking any

trade entry. And trade stop time, that means exit. The by default exit is 15.15.That means 3.15

in the afternoon. So we are just back testing this system. Click on back test and now we will see the

report. You can see our initial capital was 5000 rupees. And our ending capital is 9852. So that means our net profit is 4852. Profit 4852. 4852 net points we have earned in the whole

year 2018. And you can see, you can see we have data

from 1st January 2018 till we have data 31st-12-2018. So whole year 2018 I have back tested and

this is the result. You can see, we have got total 333 trades

and now how much are the winner percentage. So 147 is the winner. So friends, in my last video, I have told

you that that is a myth that you need very high accuracy. So this is not a very accurate system. So only 44% accuracy. Still you are having this much of amount profit. Almost 5000 points have been made from Bank

Nifty itself. So 5000 points in Bank Nifty, you are making

a fortune in the stock market. Let us calculate how much money you can make. So friends, 4852, 4852 points we are getting

and we will multiply it by 20. The Bank Nifty’s lot size. So 97000, almost 100000 rupees you are earning

in a year just trading only one lot Bank Nifty. Now we will check how much money you will

required for this trading. Let us check the MIS margin of Bank Nifty

future. MIS means intraday margin. So 1234 567, 7 point is MIS margin. So we will check the MIS margin of Bank Nifty. So you can see, the MIS margin is 30,000. So if you have 30,000 rupees, you can trade

this bank nifty 1 lot without any stop loss. If you use a stop loss, this margin will once

again reduce drastically. But we are not using any cover order because

we will exit wherever a 5 minute candle will close on the other side of the Breakout point. So we require only 30000 rupees to trade 1

lot of Bank Nifty. And if we have more money, suppose we are

having 100000 rupees capital. So we can trade 3 lots of Bank Nifty. But I will suggests you to have some room,

to have the stop losses. Some days you will be stopped out. So you can have more money to support your

losses. So you have at least 25% extra money from

the margin. You can trade three lot of Bank Nifty if you

have 90000 rupees. Because 3 lots of Bank Nifty requires 30,000

x 3. So 90000 rupees margin you required. But I suggest you to have at least 125000

rupees to trade 3 lots of Bank Nifty. So if you can trade 3 lots of Bank Nifty,

your profitability will 97000 x 3. That means 291000 you are making per year. So per month you are having 24000 rupees. So that’s not bad my friends. You are making your career in the stock market. If you have more money, suppose you are having

around 250000 rupees of capital. This will be just multiplied by two. So you are making 48000 rupees 50000 rupees

per year just by trading this Bank Nifty as per the data of 2018. So friends, I have shown you that you can

make around 48000 to 50000 rupees from Bank Nifty trading in the stock market. And you need only 250000 rupees capital that

has been tested as per the data of 2018. But my dear friends hold on, there is more

surprise. I will show you how this system performed

in the year 2019. Let us check the new back test. So the first date is 1st of january 2019 and

the last date is 31.12.2019. Same parameters. There is no change in the parameters. Same settings, there is no change in the settings.We

will click on back test. And, check the result. So friends, the year 2019 was a big year for

Bank Nifty traders. You can see the starting capital is 5000 and

the ending capital is 13268. That will the net profit is 8268.85. This much points has been earned by simple

trading Bank Nifty. This simple ORB Bank Nifty trading strategy

has yielded this amount of profit. Can you not quit your job? So 8268, that means almost 9000. So 8268 points. And you can check there are total 307 trades. And 45% winners. So 45% winners my dear friends. no 99% winners needed to get this amount of

profits. So 8268.85 profit has been earned. Now let us check how much amount of profit

we have got in rupee. So 8268 x 20. With just one lot of Bank Nifty we have earned

165000 rupees in this year 2019. So just with three lots you can earned almost

496000. That means almost 5 lacs. So that is your capital is only 125000 rupees. Your actual margin requirement is only 90000

rupees but still with the room with 125000 rupees capital you are earning almost 500000

rupees. But all the year will not be like that. So safely, we can assume we can earn 4000

points from Bank Nifty with this simple strategy. So friends, you have seen that you do not

need a very accurate system for make money. You do not need a very complex system to make

money. Just use a simple system and still you can

make a big amount of money. You can make your career in the stock market. You can quit your job. So if this Bank Nifty trading strategy can

help you to quit your job in the year 2020, it will be the success of this video. So if you like my video just do not forget

to comment below the video. And do not forget to share it with your friends

and relatives because if you share it someone else can also be benefited. So thanks a not friends for watching this

video. Till the end bye bye.

Sounds Interesting …Lets see what you reveal …

I am very excited to see this e-mail but seems a joke about all counterparts. Lets see what comes out.

Sir…bo, oco mis orders are going to be cancelled ….

Then traders like us cannot trade

I do not know how to thank you Sir, GOD Bless you and your family with Health, Wealth, Happiness and Wisdom.

nice

As usual very helpful Sir

Nice Strategy giving good returns with less than 50 % profitable trades!!

Statistics | Charts | Trades | Formula | Settings | Symbols | Monte Carlo

Statistics

All trades Long trades Short trades Buy&Hold (BANKNIFTY1)

Initial capital 100000.00 100000.00 100000.00 100000.00

Ending capital 271172.10 194782.50 176389.60 103788.21

Net Profit 171172.10 94782.50 76389.60 3788.21

Net Profit % 171.17% 94.78% 76.39% 3.79%

Exposure % 37.95% 19.84% 18.10% 100.00%

Net Risk Adjusted Return % 451.10% 477.70% 421.94% 3.79%

Annual Return % 154.37% 86.63% 70.09% 3.54%

Risk Adjusted Return % 406.83% 436.63% 387.14% 3.54%

Total transaction costs 18120.00 9060.00 9060.00 60.00

——————————————————————————–

All trades 302 151 (50.00 %) 151 (50.00 %) 1

Avg. Profit/Loss 566.80 627.70 505.89 3758.22

Avg. Profit/Loss % 0.10% 0.12% 0.08% 3.76%

Avg. Bars Held 20.95 21.90 20.01 6028.00

——————————————————————————–

Winners 129 (42.72 %) 64 (21.19 %) 65 (21.52 %) 1 (100.00 %)

Total Profit 643529.20 315623.20 327906.00 3758.22

Avg. Profit 4988.60 4931.61 5044.71 3758.22

Avg. Profit % 0.89% 0.89% 0.89% 3.76%

Avg. Bars Held 32.21 34.06 30.38 6028.00

Max. Consecutive 6 5 7 1

Largest win 36366.00 36366.00 23997.00 3758.22

# bars in largest win 73 73 71 6028

——————————————————————————–

Losers 173 (57.28 %) 87 (28.81 %) 86 (28.48 %) 0 (0.00 %)

Total Loss -472357.10 -220840.70 -251516.40 0.00

Avg. Loss -2730.39 -2538.40 -2924.61 N/A

Avg. Loss % -0.49% -0.45% -0.53% N/A

Avg. Bars Held 12.56 12.95 12.16 N/A

Max. Consecutive 9 7 9 0

Largest loss -16223.00 -10040.00 -16223.00 0.00

# bars in largest loss 6 6 6 0

——————————————————————————–

Max. trade drawdown -16223.00 -14109.00 -16223.00 -19201.53

Max. trade % drawdown -2.78 -2.78 -2.66 -16.21

Max. system drawdown -60009.00 -42739.90 -38012.00 -19201.53

Max. system % drawdown -53.64% -38.86% -30.01% -16.21%

Recovery Factor 2.85 2.22 2.01 0.20

CAR/MaxDD 2.88 2.23 2.34 0.22

RAR/MaxDD 7.58 11.24 12.90 0.22

Profit Factor 1.36 1.43 1.30 N/A

Payoff Ratio 1.83 1.94 1.72 N/A

Standard Error 14535.94 15514.27 12552.65 4488.23

Risk-Reward Ratio 12.81 9.24 3.42 4.23

Ulcer Index 11.63 12.02 11.55 5.00

Ulcer Performance Index 13.27 7.21 6.07 0.71

Sharpe Ratio of trades 1.68 1.89 1.45 N/A

K-Ratio 0.05 0.04 0.01 0.02

So it's a 1st 30 minute breakout strategy, why can't we use a 30 min candle instead of 5 min?

Hi sir does it work on high beta stocks?

Good strategy …. Thank You …..

Thank you sir, very helpful video.

Thank you Dear IM, for your nice strategy.

If very interesting strategy sir. But If any day the market goes against our trade.. Then we have to bare huge loses🤦

Great Sir, It's so simple, I definately try from next week

It's a great gift of New Year to all of ur subscribers from ur side

Thanks a lot

What to do to get this strategy

Nice video . Thank you

Sir first of all strategy is very nice.

Sir I want to know about amibrokar software. If u could help me out this. Like charges and all

Been following you from last year and wanted to thank you for giving free knowledge

Its good strategy. I only trade nifty options so will try this on bank nifty for sure.

Nice strategy, i will must practice and hope i can make huge profit…. Thanks

can we use cover order in urder to reduce mardin

thanks sir………wonderful strategy

Good work 👍 Indrajit.keep up ur best work.

The ROI can be increased by using Trailing stop loss…

Superb

Lots of Thanks broiii😊😊

Thanks for your strategy.

Sir have you developed Algo trading software based on this.

बहुत खूब सर्

How many year backesting this method can u show backesting report last 5 year………

Kindly show me last 5 year backesting report then any one can believe ….just don't say any one or 2 trending day market sir

Thanks sir

How to fix SL

Did u calculate losses from remaining 50% of losses in 2019 ?

If you loss a day then you have to add money again n again…will punch own capital