◊ At present, the Intraday tips/calls are given only for Nifty Futures, Bank Nifty Futures and MCX-Crude Oil Futures (our trading time for Crude oil starts from 1.30 pm to 7.30 pm)

◊ BISTA Intraday tips/levels are not CMP (Current Market Price) or Pre-Market levels or BUY above/Sell below pattern. 

◊ BISTA, will send the entry levels in advance by 5 to 30 minutes, we may modify the entry levels in between and the same will be sent in advance by 1-5 minutes. 

◊ As soon as the entry levels are received, we suggest the trader to place the order in the system in advance, as per the slippage policy, as explained below.

◊ We suggest to keep the margin money for minimum 2-4 lots for the Nifty & 1-2 lots for MCX Crude oil, for Bank Nifty keeps the margin for 2-4 lots. The first lot may be taken at first level and another lot(s) may be taken at the next levels/at the Stop loss Level.

◊ Next level position can be taken, if the trend moves against our expectation to minimise the risk and maximise the profit by using the counter move as an opportunity to trade multiple levels, as per the below given strategy:

For, Nifty Futures, next level position may be taken at 30 points difference and further entry at 60 points difference from the first level entry, these positions must be booked with a profit of 15-25 points and do not hold all the positions, except the first level entry position. At the Stop loss level, further position must be taken and book those positions for 20-30 points profit.

In Bank Nifty Futures, next level position may be taken at 100 points and further entry at 200 points from the first level entry, these positions must be booked with a profit of 30-60 points and do not hold all the position, except the first level entry position.  At the Stop loss level, further position must be taken and book those positions for 40-90 points profit

For MCX-Crude oil, next level position may be taken at 25 points from the first level entry, these position must be booked with a profit of 12-20 points and do not hold both the position, except the first level entry position.  At the Stop loss level, further position must be taken and book those positions for 15-25 points profit.

◊ Till what time can we take next level position? The answer is: Maximum time we can enter next level positions till 1.30 pm and stop loss level position by 2.30 pm, unless the stop loss not triggered till that time. 

◊ Till what time can we hold first level position? The answer is: Can hold the first entry position till all the target is reached or till the exit message given or till 2.30-3.00 pm and close your position.

◊ We advise the off-line traders to place the entry order/profit booking order/stop loss order in advance in the system to avoid spike movement. 

◊ Place all the orders with decimal points in Nifty and Bank Nifty and avoid round amount figures.

◊ Targets are given in three (3)  profit booking levels, based on the risk  appetite one can book the profit at the first level target or at the subsequent target levels and the stop loss may be trailed as per the message given.

◊ Targets levels: Nifty targets starts from 10-15 points, then the next levels are 30-60 points and to the maximum of 90-120 points. Bank Nifty targets starts from 30-50 points, then the next levels are 70-120-180 points and to the maximum of 240-300 points. MCX-Crude Oil targets starts from 9-12 points, then the next levels are 15-24 points and to the maximum of 30-50 points

◊ Multiple lots traders are advised to book partial profit then and there and hold minimum lots, for further targets.

◊ Stop loss levels: BISTA always maintain its Risk to Reward ratio as 1:1 basis hence, the Nifty Stop loss around 60-70 points, Bank Nifty Stop loss around 120-150 points and MCX-Crude Oil Stop loss around 30-40 points, these stop loss range will be decided based on the movement of the Nifty/Bank Nifty/Crude oil.

◊ The stop loss order also, have a slippage points to avoid false trigger, hence we suggest to placing the stop loss order with the slippage points below/above based on the position. The slippage points for the stop loss order are the same as entry level slippage points.

◊ Any modification in the stop loss order/trailing the stop loss, if we use the word SUSTAIN then, one can see how long the price levels are trading above/below at the particular level or just simply wait for 3 minutes with 15 points of slippage for Nifty, 10 points in MCX Crude and Bank Nifty take slippage 20 points.

◊ "Always profit is our sole moto", we are always maintaining more than 90% success rate in all our intraday calls, there will be a failure chances only about 10%, how to handle this failure?...  It is very simple! to follow our next level entry/stop loss level entry strategy to maintain 100% success in all the trades.

Hedging Strategy: We may suggest to take hedging postion to protect from the loss by taking an option trade in Nifty/Bank Nifty/Crude oil, as per our follow up message, the option trade can be taken and hold till our further advice to exit or to book profit with same slippage points given for the futures.

Slippage Policy :

What is Slippage ? BISTA Intraday entry tips/levels will be sent in advance, as explained above one can place the order in the system well in advance, as per the specified entry levels; however the exact entry level may or may not reach hence, we suggest to placing the order with a slippage points, to get the entry, though the slippage points are not compulsory/mandatory but still we advise to placing the entry order with a slippage points. 

Slippage Points on Entry and Stop loss:

Nifty Futures (Lot Size 25) : Slippage allowed maximum of 5-6 points for both Buy and Sell. In case of Buy then, add slippage 6 points or if Sell then, deduct 5-6 points at the given entry level and the stop loss level.   

Bank Nifty Futures (Lot Size 15) : Slippage allowed 10-11 points for both Buy and Sell, in case of Buy then, add slippage 10-11 points or if Sell then, deduct 11 points at the given entry level and the stop loss level.  

MCX Crude (Lot Size 100) : Slippage allowed 6 points for both Buy and Sell, in case of Buy then, add slippage 6 points or if Sell then, deduct 6 points at the given entry level and the stop loss level.  

*Intraday Guidelines revised on 20th May 2024.