Pillars’ Strategy is tracking all the NSE listed “Stock Futures”, except,
We will keep on adding new (or deleting old) ones as & when NSE make changes in derivatives segments.
What, Why not Tracking:
Near about 1550 Stocks are getting traded every single day in NSE Cash segments.
Impossible to track all. Therefore, We keep our focus only on top 155 Stocks plus NIFTY, BANKNIFTY Futures. And, ignore rest.
Secondly, Intraday and Options are strictly prohibited at Rocket Trades. Because,
By design and nature, “OPTIONS” are depreciating Instrument. Meaning, they keep on losing value with Time even though our analysis, market directions, entry level everything seems to be perfect. And, they are meant for Hedgers and Arbitrageurs against Cash Portfolio’s Holding.
Most Importantly, Options are getting sold off by Cash Rich FIIs (Ultra HNIs) to Retailers. And, making money against them is quite difficult if not entirely impossible.
“INTRADAY” moves only on prevailing sentiments based on News Flow, Event Outcomes which again Impossible to measure (analyse) in real time with consistency unless you are an insider.
And, One can’t trade intraday unless watching Screen (terminal) full time, most importantly can book losses, instantly, emotionlessly which is very easy to speak off but 1000 Times difficult to execute in practice.
Intraday Price movement is rarely a starting point of the all sorts of Trend Reversal/s. Rather, Many times fake Reversals.
Many Traders incurred heavy losses doing Intraday because they convert Intraday Trades to Positional and Secondly, Premium paid for an Option Trade is 100% risk whereas Margin Paid against Futures’ positions is nothing but a deposit.
Therefore, Advising only in Futures’ Segment.