Unlike other strategies available, Banknifty Future Algo Banknifty-ZenX is a Bot for Positional Trader which is based on Banknifty Future.
Banknifty ZenX, doesn’t have Stoploss or Target. Banknifty Future Algo bot has ATR based entry and exit which helps to Trail and book profit only if there is a reversal. This bot shall always be in trade. It will be either on Buy position or on Short position.
To begin with margin, it is approximately Rs. 2L or less .
Risk and Reward:
Compare to Nifty, Banknifty is generally high volatile. As a result, this Banknifty future positional algo bot has a potential to give more return. In summary it works well in trending market and holds position for few days. On the contrary during volatile market conditions this bot may not work as desired and entry and exit might take place often.
In order to know more about this Banknifty Future Algo bot you can visit our Marketplace.
Historically, the Bot to maintain around 30% winning probability. We keep working on all our Bots to improve overall profitability, Banknifty Future Algo Banknifty Zenx is no exception.
Although, we prefer not to commit on any profit ratios per month. But as per the last few month’s real trade history this bot can generate 5% return on investment, monthly.