Signal on Nifty spot · loser · stopped back inside the range

01 Oct 20254 trading days to expiry

BUY ITM4−₹1,420−₹1,320 before ₹100 costs
SELL ITM4−₹870−₹770 before ₹100 costs
Entry9:35 at 24,663.60 — the 9:30 candle closed above the OR highExit24,641.40 — 10:00 candle closed back inside the range — out at its close
24,60024,70024,800OR high 24,661.8 · stop: close back belowOR low 24,606.0EntryExit9:1510:0011:0012:0013:0014:0015:0015:30300400EntryExit9:1511:0013:0015:00BUY · ITM4 24,450 CE bought · 283.20 → 262.90100200EntryExit9:1511:0013:0015:00SELL · ITM4 24,850 PE sold · 210.65 → 222.50
exit ruleout atwhyBUY ITM4SELL ITM4
no trail10:05back in range−₹1,420−₹870
SMA 59:55trail+₹1,057+₹700
SMA 1010:05back in range−₹1,420−₹870
SMA 2010:05back in range−₹1,420−₹870
half-candle10:05back in range−₹1,420−₹870
Same signal, five exit rules. The highlighted row is the one drawn. BUY = buy the call on an up-break, the put on a down-break. SELL = sell the put on an up-break, the call on a down-break.
Backtest data, 5-minute candles. Gold lines = 9:15–9:30 opening range; blue line = the trailing SMA. Entry at the next candle's open. A failed breakout exits at the close of the candle that fell back inside; other exits at the next open. Printed prices only. 1 lot = 65, ₹100 per trade.